Tianjin’s Financial Industry Gathering Efficiency On DEA Model

The financial industry is playing a more and more important role in the national economy. With the rapid development, the financial industry is transiting to the cluster development mode gradually. The economic globalization stimulates movement of capital between countries. Capital element is particularly important for financial industry. It indicates that the financial industry is bound to the internationalization path. The phenomenon of financial industry agglomeration, whether at the international or national level, has become more increasingly prominent. To evaluate the financial industry agglomeration, not just to see the scale and speed, it is more important to concentrate on its efficiency. The state of the financial industry agglomeration is an important factor which relates to whether the entire financial industry in good development.Tianjin, one of the four municipalities, is an important province of Bohai economic circle. And the financial industry of Tianjin has great development in recent years because of the great support of national policies,. With a large number of financial institutions moving their headquarters or branches to Tianjin, it has begun to take shape in the financial industry agglomeration. And a relatively complete financial industry service system is formed gradually. The financial industry agglomeration is the basic of the researching of agglomeration efficiency, and the improvement of efficiency is also an important factor in promoting the financial industry agglomeration. So the study of Tianjin financial industry agglomeration efficiency level can not only improve the process of financial industry agglomeration, promote the financial industry, and also can help to improve the national economy.This paper will concentrate on the financial industry agglomeration and the agglomeration efficiency of Tianjin. Firstly, it will introduce the theoretical knowledge of the financial industry agglomeration and agglomeration efficiency. The plyability, hierarchy and progressiveness of financial industry decide the research will be comprehensive and complex. Secondly, analysis of the financial industry agglomeration’s extent. Though there are some differences among the four measure methods, the overall trend shows that the financial industry agglomeration of Tianjin is gradually strengthened, and the scale is expanding. By analyzing the datum, we can know that Tianjin’s stable order of financial market, the flourish of financial institutions and the increasing of value added have laid a laid a foundation for the development of financial industry. Then, we use the DEA model to analyze the financial industry agglomeration the efficiency of Tianjin. In CCR and BCC models, most of years have shown valid states. We also use super-efficiency model to analyze the differences between Tianjin Beijing, Hebei, Shandong and Liaoning. And to realize own strengths and weaknesses. Finally, by the analysis of the above, we will give some advice on how to promote financial industry agglomeration and financial industry agglomeration efficiency.