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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Convergence Analysis of Financial Development in Sichuan Province

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DOI: 10.25236/emcs.2018.028

Author(s)

Lin Tang, Yufeng Wang

Corresponding Author

Lin Tang

Abstract

In order to study the development of regional finance in Sichuan Province, this paper uses entropy method to construct the comprehensive evaluation index of financial development level from 2010 to 2016 in Sichuan Province.Combining with the basic economic data of the cities and states, the convergence of the financial development level of the cities and states in Sichuan Province is analyzed by using the regression method. The analysis shows that there are great differences in the financial development of Sichuan Province, but there is a convergence trend of the whole.

Keywords

Regional finance, Comprehensive evaluation index, entropy method, Convergence analysis