Research On The Development Of The Efficiency Of Regional Financial Industry System Based On DEA

Finance is an important link in the economic system of our country, and finance is the backbone of modern economy. It has produced a great influence on the reform of China’s current economic system and it plays a more and more important role. However, evaluating the development efficiency of the financial industry has become a key index of all the inspection of its financial development speed and quality. The development efficiency of the financial industry system not only has the important influence of benign development on regional economic and financial, but also has an important impact on the industry in this region and the relevant economic.The purpose of this study is through evaluating the efficiency of the financial system according to the development of industry related data of 31 provinces nationwide in different regions and explore their differences and deficiencies in the process of development of the financial industry system, then on this basis we put forward the related policy suggestion. The content of the thesis includes four parts, they are research status、theoretical analysis、the empirical study、Conclusion and Countermeasures, we divided into four chapters to describe. The first chapter is an introduction, including the analysis of the research background and significance, carding the domestic and foreign related research status, presenting the main contents and methods of the research and putting forward the innovation of this paper. Chapter two is the relevant theoretical summary and analysis of evaluation method, in the second chapter, firstly we analyze the meaning and classification of financial industry system, then analyze the meaning and content of the research development of the efficiency of financial industry system; Secondly, we analyze the concept of regional financial industry system、the concept of the development efficient of regional financial industry system、the view of evaluation、evaluation method; at the end of this chapter we give the empirical method used in the paper--The method of data envelopment analysis. The third chapter is the empirical study of development efficiency of China’s regional financial industry, firstly this chapter first analyzes the empirical study angle, through the research results of the combined benefits of the regional financial structure and industrial structure to show combining efficiency benefits of interaction process between each subsystem of financial industry、each subsystem and the external environment of financial industry, to further illustrate the status of the development efficiency of regional financial industry system, secondly pointing out the empirical study sample selection and data source, the principles of evaluation index selection. On this basis, this paper choose the input and output index, and the input indexes are selected including economic industry deposit difference, the insurance depth, financing structure, bank depth, the stock financing amount of the securities operating institutions and the scale of trust industry, output indicators are selected including the first industrial output value, the second industrial output value and the first industrial output value, and describing each index; thirdly, we makes the empirical study on the effectiveness of combination of 31 provinces’ financial structure and industrial structure, and we makes correlation analysis according to the empirical results; At the last of this chapter, we studied the development of efficiency of Shandong Province in recent years according to the index system and analyzed the studied result. The fourth chapter gives the empirical conclusion based on the previous empirical results, the main empirical results are: The higher the level of financial development, The financial structure is more reasonable, The region that has reasonable financial input allocation ratio has a high combination benefit in terms of financial structure and industrial structure, such as Hua Dong region; The regional level of efficiency in the process of development of the financial industry system is not consistent, some areas are facing the problem of shortage of financial input elements, some areas are facing problems that the development of banking, insurance and trust industry is not consistent; Shandong Province’s financial structure and industrial structure are combined with the overall benefits of good in 2004-2013 years, but still need fine-tuning in order to achieve a relatively effective state. Then we makes analysis according to the empirical conclusion, at the end of this chapter we give the relevant policy suggestions.