Regional Financial Development Disparity And Causes

Our country has a vast territory,the regional differences are significant.Large regional differences manifested in not only natural geographical features, natural resources, natural conditions, but also socio-economic development.The financial,as the economic core,its development has notable regional spatial differences.Correct understanding of regional financial development of China's past and present,is of great significance for China's regional economic development and,the whole national economy's healthy and orderly operation.There is an objective difference everywhere.Difference is the core of the study regional economics. Similarly,regional differences in financial development in the regional economics is the core issue of financial.The existence of differences is objective,it is not of man's will,but differences should have a "degree":when the difference become too big, social stability would be theatened; when it is too small, social efficiency could not be stimulated.In the view of the finance development theory, regional economic theory, regional financial theory and related theory,the paper used relevant statistical indicators and methods,from various angles,according to financial development of China's regional differences in the historical evolution and current status of systematic analysis,by building measuring the level of regional financial development indicator system.Based on the analysis above,pointed out that the formation of China's regional differences in financial development's causes.First,from the relationship between financial development and economic growth, regional financial theory, differences in regional economic development, financial development theory point of view,literature at home and abroad should be straightened out,and define regional financial and differences as well as regional differences in financial development and other related concepts.Second,when the research target is cleared,selected a reasonable level of analysis and cluster analysis as a major research methods,and Theil index, coefficient of variation and the weighted index variation as the main measure,compared with Chinese current financial sector development with the actual situation,constructed indicator system to measure the level of regional financial development,from the banking, securities and insurance industry point of view.Third,supported by large amounts of data and empirical analysis,in the view of the point of provincial and four blocks,study past and present of China's banking, securities and insurance industry, differences in regional development,and overall financial development of the regional differences.Through the use of relevant statistical methods,decomposition the overall difference in our country,with a view to a more intuitive way to show differences in the formation of regional factors.Last,in the basis of the analysis above,find out the causes of China's regional differences in financial development,and draw relevant conclusions from in some aspects with our country's actual,then put forward corresponding suggestions.