Measurement and Analysis of Regional Financial Development Index Based on ANN-RBF Contribution Analysis
- DOI
- 10.2991/aebmr.k.220603.155How to use a DOI?
- Keywords
- ANN-RBF; regional finance; development index; EWM-CVM-CRITIC
- Abstract
At present, focusing on the development of the financial industry and contributing to high-quality economic development is a hot topic of current research. In this paper, a comprehensive index system consisting of a macro-financial environment index, financial scale index, financial efficiency index, and financial risk and security measurement index is constructed. Based on the ANN-RBF contribution analysis algorithm, this paper collects and calculates relevant financial data of six regions in China using three statistical methods: EWM, CVM, and CRITIC. The results show that North China has the best comprehensive financial development, while Northwest China has the worst comprehensive financial development. In addition, this paper finds that the importance of the market value of stock circulation/regional GDP is 22% and the importance of normalization is 100%; the importance of financial market trading volume/regional GDP is 15.7% and the importance of normalization is 71.2%. By focusing on the key indicators, we focus on the development of regional finance and promote the quality development of the national economy.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Haoxun Yang AU - Qian Zhao AU - Lihui Xu PY - 2022 DA - 2022/07/01 TI - Measurement and Analysis of Regional Financial Development Index Based on ANN-RBF Contribution Analysis BT - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022) PB - Atlantis Press SP - 936 EP - 943 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220603.155 DO - 10.2991/aebmr.k.220603.155 ID - Yang2022 ER -