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This paper selects the panel data of 11 cities in the Guangdong-Hong Kong-Macao Greater Bay Area from 1997 to 2017, and uses the empirical methods of Fu1ly Modified Ordinary Least Squares and Granger to analyze the dynamic relationship between economic structure transformation, financial structure and economic growth in the Greater Bay Area. It proves through test that the economic structure transformation and financial structure optimization have become the support mode of the "dual-wheel driving" for economic growth, but there may be a certain degree of "threshold effect". In view of this situation, it puts forward relevant policy suggestions to build a long-term coordinated development mechanism, which is conducive to the high-quality economic development of the Greater Bay Area.
Shizhong Xiong (Wed,) studied this question.
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