Abstract: With the process of global economy and service development, global spatial distribution between financial and manufacture sectors becomes more
complicated than before. Particularly, spatial differentiation between financial and manufacture sectors has been blamed for the global economy recession
since 2009s crisis. Data of global 500 largest corporations in Fortune will be employed to do panel co-integration and cause analysis. It comes to the
conclusion that there is a stable relation between the two sectors for a long term. However, it is obvious that differentiation has been happened between them. While, the relation of developed countries is not stronger than that of
developing countries, but Supply leading and Demand following冶exist together.
The relation of development countries is similar with the one of developed
countries, but only Demand following exist. Finally, some special issues
(Shanghai could become international financial center, eg.) will also be
discussed according to the conclusion.

Key words: financial sectors, manufacturing sectors, spatial distribution;global economy

摘要： 随着经济全球化和服务业的不断深化，金融业与制造业之间的关系变得复杂起来；尤其是
金融危机引起的全球经济衰退，使金融业与制造业的空间可分性遭到了质疑。本文采用《财富》全
球500 强企业数据，通过面板协整和因果关系分析,研究全球制造业和金融业的空间分布关系。结
论认为，金融业与制造业之间关系长期稳定，但空间分离趋势逐渐显现；发达国家金融业与制造业
关系并不比发展中国家密切，而是同时存在“供给领先”和“需求追随”；发展中国家两者关系与发
达国家相近，但主要表现为“需求追随”。

关键词: 制造业与金融业关系, 空间分布, 全球经济