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Ecological Assessment Of Regional Financial

Posted on:2012-01-15Degree:MasterType:Thesis
Country:ChinaCandidate:G WangFull Text:PDF
GTID:2219330338472623Subject:Finance
Abstract/Summary:PDF Full Text Request
Financial ecology is the sum of various factors who impact the survival and development of the financial sector, including the financial sector is closely related to both the political, economic, legal, credit and environmental factors, but also the internal financial system such as the financial markets, financial institutions, financial products and other factors. Financial ecology is the dynamic equilibrium system which is formed by the interaction between the financial main body, the financial main body and external financial environment. China's national economic and social development "Eleventh Five-Year" Program proposed to develop the regional economic in the main form of Cities. How to optimize the region's financial ecological conditions in cities and counties is to promote regional economic and social development of positive interaction between the financial needs of cities within the region and develop the ecological state of the financial health of the local financial sector development, give full play and the promotion of financial resource allocation of great significance to regional development plans.Based on the existing theories and research results were reviewed, put forward their views on the regional financial ecology; through some of the mainstream of modern comprehensive evaluation method to choose, the use of Western economics, financial ecology, statistics and operations research disciplines, such as knowledge, using a combination of theoretical and empirical research, more emphasis on empirical research; the combination of qualitative and quantitative research, making research model is more reasonable to City of Hunan Province 14 case studies of financial ecology to explore a set of ecological assessment of the regional financial lines and effective method.Firstly, based on the content included in the financial ecology, from the economic base, financial performance, social security, social integrity, local government services, legal environment for six aspects, the selection of the regional GDP, local financial revenue, financial depth, social security satisfaction urban cities and trustworthy satisfaction includes both quantitative and qualitative contains thirty indicators, the establishment of the 14 prefectures in Hunan Province's financial ecological evaluation index system.Followed by the use of factor analysis, hierarchical analysis and data envelopment analysis of 14 prefectures in Hunan Province's financial ecology of empirical research. In the study, such as the unit GDP energy consumption for the Engel coefficient and the city the special nature of the indicators reverse processing, makes the evaluation model is more reasonable; data envelopment analysis method for the index value can not be negative and the index number of not more than half of Decision Making Units characteristics, this paper deal with negative to positive indicators, levels of analysis by the principle of setting the weight to determine the 5 inputs 1 output indicators, making the data envelopment analysis can be more efficient. Fourteen empirical research to get the final composite index ranking City: Changsha 2.932, 0.672, Xiangtan, Yueyang, -0.016, -0.022, Zhuzhou, Hengyang -0.073, -0.147, Changde, Chenzhou, -0.218, -0.338 Loudi, Shaoyang -0.347, Yongzhou - 0.395, -0.434 Yiyang, Huaihua -0.452, -0.490 western Hunan, Zhangjiajie -0.673.The final results are as follows:1. the 14 prefectures in Hunan financial ecological development levels, Changsha thriving. Comparison of the 14 prefectures of financial eco-index, only Changsha, Xiangtan cities index is positive, the better the financial eco-development regions; Yueyang, Zhuzhou, Hengyang, Changde City, composite scores ranged from 0 to -0.2 before for the financial eco-development of poor areas; Chenzhou, Loudi, Shaoyang, Yongzhou, Yiyang, Huaihua, Hunan, Zhangjiajie index of less than -0.2 for the poor areas of financial eco-development, indicating that the 14 prefectures in Hunan in the regional financial long way to go above the ecological construction.2. the 14 prefectures in Hunan financial ecological development and the local economic base, there is a certain positive correlation. Three cities and Yueyang, Hengyang, Changde are all relatively good regional economic development, the financial level of top-ranking ecological development.
Keywords/Search Tags:Financial ecology, Principal Components Factor Analysis, AHP, DEA
PDF Full Text Request
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