Study On The Relationship Between The Difference Of Regional Financial Eco-environment And The Difference Of Credit Allocation Efficiency

With the continuous implementation of the policy of regional coordinated development,the key position and role of urban agglomeration has become increasingly prominent.As an important carrier of regional development,how to achieve the coordinated development of urban agglomeration has become an important measure to alleviate the imbalance of development in China.As one of the most important factors of production,the allocation efficiency of credit resources is very important for the development of regional economy.Therefore,improving regional allocation efficiency and alleviating regional efficiency differences have become an important issue that we need to consider urgently,and the key to solve this problem is to find the factors that affect the allocation efficiency differences.Financial ecological environment,as an external condition affecting the behavior of financial subjects,can have an important impact on the efficiency of credit allocation.In view of this,this paper takes the five national-level urban agglomerations as the research object,carries out further analysis on the relationship between them and their differences,and enriches the existing research.In the specific content,firstly,PCA method and DEA model are used to measure the financial ecological environment and credit allocation efficiency of each city.Secondly,panel regression and quantile regression are used to test the relationship between the two.The regression results show that the financial ecological environment does have a significant positive impact on the credit allocation efficiency,and the regression of the sub-dimension is further tested.It proves the mechanism analysis and the robustness of the model,and also reflects some regional differences.In addition,the results of quantile regression show that in regions with high efficiency of credit allocation,the stronger the role of the financial ecological environment is,the combination of the two results may lead to the phenomenon of "the stronger the stronger",and then lead to regional differences.Thirdly,in order to objectively measure the differences,this paper uses two methods of logarithmic mean deviation and Theil index to measure the differences.It can be seen that the trend of financial ecological environment difference and credit allocation efficiency difference is more consistent,and both of them are lower than the beginning.Then,this paper uses VAR model and regression to study the relationship between the financial ecological environment difference measured by the two methods and the credit allocation efficiency difference,and verifies the hypothesis of this paper,that is,the financial ecological environment difference will indeed affect the credit allocation efficiency.Finally,based on the above analysis conclusion,this paper puts forward corresponding measures from four aspects of economy,finance,social environment and government,in order to alleviate the difference of regional credit allocation efficiency and achieve comprehensive,coordinated and balanced development of the region.