A Study On The Efficiency Of Our Country's Security Market

This article has elaborated systematically the general theory and a series of research that presessors did and explored about the efficiency of security market, and pointed out that the effective market theory does not have complete explanation ability for our specific security market. To inspect the efficiency of our security market, this article take the angle of the resource deployment which is the basic economic implication of the efficiency. From such an angle ,I list some indexes to measure the efficiency of our security market. Through the theory constructing and real diagnosis analysis, I explained a fact that our security market has a low efficiency and the scholars can be consistent about it. Then I explored the system defect which is the deep origin that lead to such a condition, and on this foundation, I put forward some constructive viewpoints on how to improve the efficiency of our country 's security market.