The Study Of The Effectiveness Of Financial Resources Allocation Through Statistical Measurement

Based on relative references, this essay aims to define the effectiveness of financial resources allocation and explore the issue in China from 1992 to 2012. It focuses on the effectiveness of financial resources allocation and the coordination degree in the allocation structure and suggests setting up an effectiveness measurement framework from the perspective of "cash flow" of institutions. Working on the theories, this essay develops an index system of the effectiveness of financial resources allocation and the coordination degree. The index is to be set up according to the decomposition principle of DEA-Malmquist as well as the model measurement of the structure deviation. The last chapter is to analyze the evolving of the effectiveness index and the factors affecting it. The main content of this paper includes the following three aspects:First of all, through to the domestic and foreign related literature of financial resource allocation, and further research on the existing research results in the direction of. On the connotation of the effective allocation of financial resources and the in-depth analysis on the basis of defining the connotation of effective allocation of resources, the financial division coordination two aspects for the efficiency of financial resource allocation and the allocation of financial resources, and the financial resource allocation effectiveness measurement theory is analyzed and defined in depth.Secondly, based on the basic theory of the effective allocation of resources on the construction of financial, financial resource allocation effectiveness measurement model and index system. In carries on corresponding processing to the index, according to the DEA-Malmquist index decomposition principle and the departure degree of structure model calculates the allocation efficiency of financial resources and the financial resource allocation structure of coordination degree, then the weighting method to get the financial resource allocation efficiency index.Finally, the characteristics of the division of financial resource allocation efficiency index by ordered sample cluster method, and then a detailed analysis of factors influencing the phase characteristics of representation, draw the following conclusions:(1) financial resource allocation efficiency index showing a significant stage characteristics; (2) the allocation of financial resources by the degree of effectiveness index the interaction between financial efficiency of resource allocation and the allocation of financial resources; (3) to coordinate the allocation efficiency of financial resources and the financial resource allocation structure in most period had the same change trend, but in 1997,2004 and 2008 appear a great contrast; (4) the fluctuation trend after 2009, the efficiency of financial resource allocation, and allocation structure of financial resources coordination degree showed a clear upward trend.