To Measure And Evaluate The Level Of Marketization On Hainan Special Economic Zone

Based on the basis of China’s marketization process measure, it spreads a viewpoint of the regional marketization measure. Combined with the problems in the regional marketization process both countries and regions, the paper will fully explore the main factors influencing the regional market development. Added to the original measuring system, it create the evaluation index system with the optimization of Hainan marketization level. then, to emphasize the practical guiding significance in the market economy, this paper design the system in four basic ways:the relationship between government and market, the land market level, the financial market level and the labor market level, which measure the relationship between the economic growth and market level. To reduce the interference of subjective factors during the measuring process, it takes advantage of objective entropy method to evaluate weight of various indicators. Therefore, it could estimate the overall level of marketization of Hainan. After the measuring of the Hainan marketization level, it failed to solve the evaluation of the current level of marketization. It is necessary for the evaluation to compare the Hainan market development and the economic growth. Using the inverse DEA (Data Envelopment Analysis) model, in a given 0-5%level of the economic growth of Hainan condition, beforehand calculate the variation range of economic growth with the index changes. The result claims the possibility of improvement will ultimately be based on the judgment of current level of marketization of Hainan, and the direction of marketization level improvement could rely on the indicator quantity relation. This paper’s studies show that:the marketization process is slightly low as a whole in a no-public sector of the economy under the social and economic development level. The land market level and financial market level are clearly interference from government in the economy. Labor market level is intervened by labor market liquidity, etc. The model evaluation results show that including the relationship between government and market, land market level, financial market level, labor market level and the overall market in Hainan, their most optimal level of marketization are respectively 0.51331,0.61721,0.61721,0.4786, and 0.44932; Therefore, this empirical conclusions could provide a reasonable solution to marketization measurement, and the quantitate interval contribute to improving Hainan’s operating efficiency in the market.