The Research On Measure And Differentia Of Regional Financial Competence

Regional financial competence determines one region's destiny of financial industry and economy development. Based on the logical mechanism of regional financial competence, the paper describes the periodic natures and space states of Zhejiang Province's financial competence. To develop and update the competence of regional Finance is of vital importance to strengthen the regional economic competitiveness. By utilizing the method of putting practice into theory, the author has made an analysis on the forms, the mechanism, and the evaluation of the competence of regional finance industries.The whole text is divided into four parts.Section One(Chapter one, Chapter two): Based on the background of Zhejiang finance and economic development, Chapter one explains the background, intention, signification of regional financial competence research. Regarding the regional financial competence as the logic, in Chapter two, the author summarizes its basic theory of financial competence.Section two(Chapter three):The second section is the part of theory, the author gives the definition of regional financial competence. Using Greenwood-Jovanovic Models, this paper empirically analyzed the relationship between financial development and economic growth in Zhejiang Province during the period of 1978-2005. After that, this section illuminates the regionalizing of Zhejiang's financial competence is owing to the differences of some element between inter-regions, including financial resources, market condition, and governmental supervision.Section three(Chapter four, Chapter five): this section is empirical study. Chapter four puts forward the scale framework of regional financial competence. Chapter five uses SPSS to take a principle component analysis on Zhejiang financial competence. This part describes the nature in the time sequence of Zhejiang Province's financial competence and illustrates the regionalizing nature of Zhejiang Province's financial competence. The regionalizing of Zhejiang's financial competence is owing to the differences of some element between inter-regions, including economy power, capital, financial institutions, and financial infrastructure. The author elicits the conclusion that the difference of financial competence is consistent with the difference of economic growth.Part four(Chapter six, Chapter seven):On the basis of qualitative and quantitative analysis, this part is about policy suggestions on regional financial competence development. The only solution in sight to boost financial competence of Zhejiang province is attaching importance to rural finance. The last chapter gives a summary and predicts the application in future of financial competence research. Regional financial competence research combines regional economics, industrial economics and economics of competitiveness, offers us a brand-new angles and ways to construe financial problems.