Efficiency Evaluation of China’s Financial Industry From Geographical and Temporal Dimensions
YANG Zhong-xuan1,YANG Yang-yang2
1.System and Industrial Engineering Technology Research Center, Zhongyuan University of Technology,Zhengzhou 450007,China; 2.School of Architecture and Civil Engineering, Zhongyuan University of Technology,Zhengzhou 450007,China
Abstract Adopting both DEA and ANN methods and using data of the financial industry in China from 2003 to 2015, this paper measures the efficiency of China’s financial industry and its influencing factors from geographical and temporal dimensions. Geographically speaking, the results show that the scale efficiency of most regions in China is higher than technical efficiency and pure technical efficiency, the curves for which coincide with each other. Ranked in terms of importance, the influencing factors of financial industry efficiency are industrial structure (0.304), economic growth rate (0.288), labor productivity (0.229), scale of enterprise (0.092) and investment efforts (0.087). Temporally speaking, from 2003 to 2015, the scale efficiency undergoes a big change while the curves for technical efficiency and pure technical efficiency coincide with each other. Ranked in terms of importance, the influencing factors of financial industry efficiency are industrial structure (0.346), labor productivity(0.309), economic growth rate (0.154), investment efforts (0.143), scale of enterprise(0.047). Overall, the efficiency of financial industry in different regions are uneven and industrial structure is a major influencing factor of financial industry efficiency in China.
YANG Zhong-Xuan,YANG Xiang-Xiang. Efficiency Evaluation of China’s Financial Industry From Geographical and Temporal Dimensions. Economic Survey, 2017, 34(6): 0147.
2017, Vol. 34 
