Spatial Econometrics Analysis Of Regional Differences And Affecting Factors Of China Social Credit

Since the reform and opening up, China's market economy has achieved unprecedented prosperity, rapid economic growth make China's GDP rank the world's second position and also greatly improved the people's material life level in our country. However, the people's appetite is increasing fastly, and the supervision system in many areas is not perfect, which led to the fall of ethics in our country.Our social is full of swindle and forged and fake commodity,which affected our country's economic order and social stability.The core of these problems are credit, market economy is credit economy, in order to maintain the speed and quality of economic growth in China and maintain good social order, we need to study on social credit from the source, and perceive and govern social credit deficiency,and improve the credit level of the whole society eventually.Objective statistics are used to make an empirical analysis of the regional social credit in our country in this paper, we build the measurement system of social credit based on individual, enterprise and government three aspects and measure the social credit of 30 provinces according to the data collected and analyze regional disparity.it is found that the developments of government, enterprise and personal credit are unbalanced.Generally,the better the economic develop the higher the government credit level and the better the economic develop the lower the personal credit level;the whole social credit level in our country has been rising steadily;we also found that the regional disparity is obvious, and there is a diminishing trend between high-credit place and middle-credit place, but the result is adverse when we analyze middle-credit place and low-credit place.Further more, we construct a spatial econometric model on the factors of social credit. Empirical results show that per capita disposable income, enterprise scale and the education investment all have significant positive influence on social credit, while the effect of government control is significantly negative and the effect of foreign-open degree is not steady.