Regional Financial Factor Mismatch And Risk Research

The financial development of the three regions in the east,middle and west of China is unbalanced.In view of the scale of RMB loan of financial institutions,the ability of controlling financial resources in the eastern region has been strengthened significantly,while the western region has been promoted;and the central region has slightly declined.Comparing of the per capita financial resources,the eastern region is far superior to the central and western regions in terms of the total amount of deposits per capita or the total amount of loans per capita;seen from the amount of funds raised in the stock market,the growth rate of microfinance in the eastern and central regions is decreasing year by year,while the western region is increasing instead and its growth rate reached 10.26%in 2017.The previous researches mostly lie in the relationship between the allocation of financial resources and the total factor productivity,which is the relationship between the allocation of financial resources and the real economy.This thesis mainly studies the regional performance of mismatch and risk of financial elements.This thesis firstly puts forward the causes and measurement methods of mismatch,and then the definition of mismatch of financial elements,and at last explains the research scope of mismatch risk of financial element.On the basis of theoretical analysis,the latest data are used to analyze the degree of mismatch of financial factors.This thesis will research from the perspective of regional financial elements of the total financing mismatch risk problems.The sources of funds obtained from the real economy are divided into financial institutions,bond market and stock market,microfinance companies and the thesis selects RMB loan and original premium compensation,enterprise bond and non-financial institution stock raising amount,loan balance of micro-loan company to be the input index to investigate the mismatch of regional financial elements.By using the DEA-Malmquist index method to measure the financial factor mismatch index Fm and using financial mismatch effch trend to divided the eastern,central and the western areas into new seven regions to analyze the risks of different regions.Use the BCC model to get the input redundancy of different years.The provinces of the risk analysis on the effect of different redundancy situation has caused economic policy.Set monetary policy as an example,the analysis of monetary policy implementation process may be met in the wind In the end,and according to the source of the real economy to obtain funds,the policy suggestions would be given from three aspects.