Financial Support For The Development Of Strategic Emerging Industries And The Evaluation Of Efficiency

Under the global financial crisis in 2008,there is a significant change in the global industrial system,a new round of international competition have started at the same time.In order to get out of the financial crisis as soon as possible,all countries regard the development of emerging industries as the key point to promote economic development.In this paper,based on characteristics of the strategic emerging industries,to study the inner mechanism of the strategic emerging industry financial support,support efficiency and influence factors,in order to improve the financial for the development of the industry.In this paper,a new generation of information technology industry,biological industry,high equipment manufacturing industry as the research object,analyzing the financial internal mechanism analysis,to promote the development of strategic emerging industries and influencing factors of financial support efficiency.First,this paper tries to use the panel model to analysis the relationship between financial scale,financial structure,financial efficiency and the development of strategic emerging industry in 31 provinces from 2008 to 2012.It shown that we should not only expand the scale of financial,improve the quality of the staff,but also take the initiative to optimize the financial structure in order to promote the development of China's strategic emerging industries.Second,using the method of DEA to research the efficiency of financial support of the three strategic emerging industry in China,respectively.It is concluded that the relevant policy has played a certain role in the financial support on China's strategic emerging industries.While it is not achieve the optimal resource allocation that still have room to improve.It exist the unbalanced development of individual that different area have greatly situation.Finally,using the Logit model to analyse the influence factors of the efficiency of financial support on the three strategic emerging industries.It is concluded that profit growth is the significant influence on the efficiency of financial support for three strategic emerging industries.The possible breakthrough of this dissertation as below,on the one hand,trying to analyse the internal mechanism of finance that promote the development of strategic emerging industries.Second,from the angle of quantitative analysis the efficiency of financial support for the strategic emerging industry dynamically for five years.It is concluded that the efficiency of financial support in 31 provinces in China.Thirdly,in this paper,the data is not based on strategic emerging industries listed companies.It classify the strategic emerging industries based on < the catalog of classification of strategic emerging industries> and <the China statistics yearbook on high technology industry>.Then get the specific data of strategic emerging industry.It makes more representative of sample data.