The Statistical Measurement On The Synergistic Effect Between Financial Stability And Financial Competitiveness

With the further deepening of the degree of economy and finance, financial development is playing an increasingly important role in a country's economic growth. In some ways, the modern economic competition is financial competition. However, financial market has its Double-edged sword, that is financial stability and financial competition, protection of the stability of the financial operations maximize the financial competitiveness has become the core of financial research, which makes the relationship and the synergistic effect between financial stability and financial competitiveness is necessary, and is of great theoretical and practical significance.The paper on Financial Stability and Competitiveness related reference literature, the study of synergetic theory of literature, defining the competitiveness of financial stability and financial synergies, the financial system, financial stability and competitiveness of their impact factors are based on the theoretical analysis of financial stability and competitiveness of the financial system, the mechanism of interaction and synergy between the theoretical analysis carried out. In the empirical part of the evaluation index system based on the financial stability and financial competitiveness of the canonical correlation analysis, and to the proceeds of canonical variables as financial stability and financial competitiveness of the cooperative variable, Model coupled with the coordination degree of financial stability and financial competitiveness of the two systems to measure synergy. The results are as following: financial stability and financial competitiveness have highly correlation. Financial stability influences the efficiency of financial competitiveness mainly through economic development, foreign trade and financial regulation. Financial competitiveness affects financial stability mainly through the cost of capital, capital market efficiency and the stock market activity. Financial stability and financial competitiveness and distribution synergies with the corresponding lag type closely related to economic development. Finally, based on analysis of finding, give some recommendations that financial stability improve financial competitiveness and give full play to the competitiveness of financial stability and financial synergies and other aspects of specific countermeasures.