An Empirical Study of Financial Efficiency and Economic Growth of China
Our study measures the financial efficiencies of different provinces by using the input sharing relational two-stage DEA model,with financial fixed assets investment and the number of financial employees as input variables,savings as immediate variable,loans and financial added value as output variables.The measurement result turns out that the level of financial efficiency is low and the improvement of financial efficiency is slow in China.On this basis,the study tests the relationship between financial efficiency and economic growth.The test result shows that the financial efficiency improvement holds the role of promoting economic growth,but presenting the regional differences.In developed region,the role of financial efficiency in promoting economic growth is relatively strong,while in the under-developed region,the role of financial efficiency in promoting economic growth is relatively weak.The study also explains the reasons why regional financial efficiency has an impact on economic growth intensity.
JIAN XU JIANYAN HE LIJUAN WANG
The School of Business,Macau University of Science and Technology,Office: A408 Avenida Wei Long,Taip The school of Economics and Management,Southwest University,No,2 Tiansheng Road,Beibei District,Chon
国际会议
2014 International Conference on Management and Engineering(CME 2014)(2014管理与工程国际会议)
上海
英文
1-13
2014-05-24（万方平台首次上网日期，不代表论文的发表时间）