Empirical Study On The Difference Of Regional Financial Efficiency In China

For a long time,scholars at home and abroad generally believe that financial development has a significant positive effect on economic growth.Among them,to measure the level of financial development,in addition to the financial development scale and the total output,more and more scholars began to identify the financial efficiency index relative to a certain extent than the absolute index can reflect the degree of local financial development view.With China's rapid economic development,improve the overall financial efficiency in the pursuit of national level goal,is also facing problems of regional financial efficiency differences,by adjusting the initial financial resources can make the efficiency and fairness while improving,but not mutually exclusive.Therefore,on the one hand,we should improve the efficiency of regional financial efficiency,on the other hand,we should narrow the differences in regional financial efficiency.Under this background,based on China's economic and financial environment and the imbalance of regional economic development status of this research direction from the financial institutions the input-output efficiency in the analysis,and combining the research content of the previous empirical method,the level of financial efficiency using three stage DEA model to measure 2010-2015 in our country in four regions of 31 provinces and cities.Were observed in the eastern and central,northeast and western regions financial efficiency change trend,and the impact of financial efficiency,improve financial efficiency from the path analysis,so as to accelerate the financial development to promote economic growth objectives.Then according to the financial efficiency of the measured value to the Theil index difference analysis,Theil index will get further decomposed into differences within groups and between groups,respectively,analysis of the evolution of the four major trends of regional financial efficiency differences from the two dimensions,find out the root cause of the difference of regional financial efficiency of our country from the provincial level and district when combined with the level,measure the level of financial efficiency,investigates the internal link between the regional difference and efficiency level,finally put forward the regional financial efficiency gap,realize the coordinated development of regional financial policy.