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Herfindahl–Hirschman Index based performance analysis on the convergence development

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Abstract

The converging performance of culture industry and financial industry in Beijing is an essential method to transform the way of Beijing economic development and promote culture industry into an economic pillar industry of Beijing. Based on this, this paper starts from the convergence status quo of culture industry and finance industry in Beijing, adopts Herfindahl–Hirschman Index (HHI) and input–output analysis to respectively study the converging degree between them. The results are that the converging degree of them is not high, the financial contribution to the industry convergence is not enough and the converging performance is far from expectations for government. In conclusion, this paper puts forward some policy suggestions to improve the convergence of culture industry and finance industry in Beijing.

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Acknowledgements

This paper is supported by National Social Science Foundation of China (16ZDA011), National Natural Science Foundation of China (61402427) and Fundamental Funds for Humanities and Social Sciences of Beijing Jiaotong University (2015JBWJ011).

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Authors and Affiliations

  1. School of Economics and Management, Beijing Jiaotong University, Beijing, 100044, China

    Chao Lu, Jingyuan Qiao & Jialu Chang

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  1. Chao Lu
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  2. Jingyuan Qiao
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  3. Jialu Chang
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Correspondence to Chao Lu.

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Lu, C., Qiao, J. & Chang, J. Herfindahl–Hirschman Index based performance analysis on the convergence development. Cluster Comput 20, 121–129 (2017). https://doi.org/10.1007/s10586-017-0737-3

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