The Empirical Analysis of Input, Output and Malmquist Indez of Financial Innovation System in China

摘要：

The financial innovation system, as a sub-system of a national innovation system, plays an important, role on the harmonious development in finance and economy. In this paper we examine the levels and trends in financial output and economic output of Chinese financial innovation system from inputs for the period of 1990-2005. The study uses data envelopment analysis (DEA) to drive Malmquist productivity indices of Chinese financial innovation system. We find that the low inputs of Chinese financial innovation system produce high financial scale outputs and high economic outputs while the Malmquist productivity index is not stable and the financial productivity from financial innovation inputs had declined, which can provide helpful information to build financial innovation system.

关键词： financial innovation system efficiency evaluation Malmquist indez data envelopment analysis (DEA)

作者: Dan Shi

作者单位: School of Economics, Wuhan University of Technology, Wuhan, 430070, P.R.China

会议类型: 国际会议

会议名称: 第八届武汉电子商务国际会议(The Eighth Wuhan International Conference on E-Business)

会议地点: 武汉

会议语种:英文

页码: 1437-1442

在线出版日期: 2009-05-30（万方平台首次上网日期，不代表论文的发表时间）