Research on the Factors Influencing Regional Development Differences of the Financial Industry in Yunnan Province

DOI

10.2991/icesem-17.2017.40How to use a DOI?

Keywords

Regional Finance; Development Differences; Influencing factors; Factor Analysis

Abstract

To evaluate the regional financial development differences in Yunnan, this paper summarizes its present situation from regional financial aggregates, regional financial structure and regional financial efficiency, we use factor analysis and cluster analysis to analyze the main factors that affect the regional financial development differences in Yunnan. Our results show that the main factors are the economic basis and human capital levels. GDP per capita is the key factor that influences the development difference of financial industry in Yunnan Province. Kunming has a better economic base and economic efficiency, and the demand for the financial system is greater than other states. The followed factors are the level of investment and financing, the level of regional informatization and geographical location. Kunming has a good foundation in geographical location, investment and financing level and informatization level, it has obvious advantages on the level of financial development, which leads to the unilateral flow of talent and exacerbates the gap of financial development between states. These results are of great clinical significance in promoting the coordinative sustainable development of regional economic and finance in Yunnan.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Meijuan Li
AU  - Yuluan Chen
PY  - 2017/10
DA  - 2017/10
TI  - Research on the Factors Influencing Regional Development Differences of the Financial Industry in Yunnan Province
BT  - Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)
PB  - Atlantis Press
SP  - 174
EP  - 179
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesem-17.2017.40
DO  - 10.2991/icesem-17.2017.40
ID  - Li2017/10
ER  -