Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

Measurement and Analysis of Regional Financial Development Index Based on ANN-RBF Contribution Analysis

Authors
Haoxun Yang1, Qian Zhao2, Lihui Xu3, *
1School of Accounting, Shandong University of Finance and Economics, 250014, Jinan, China
2Department of Economics and Management, Shuozhou Campus of the North University of China, 036000, Shuozhou, China
3School of International Business, Shandong Vocational University of Foreign Affairs, 252300, Weihai, China
*Corresponding author. Email: (xulihui118@163.com)
Corresponding Author
Lihui Xu
Available Online 1 July 2022.
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.

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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
10.2991/aebmr.k.220603.155
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.155How to use a DOI?
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  -