Influence Factors of County Financial Development in Shandong Province
Hua Xue
Abstract
Hua Xue
Abstract
In order to research the effect factors for county financial development in Shandong Province,choosing the data form seventy-nine counties and county-level cities in 2008—2012,the factor analysis was used to extract four principal-component factors such as economic development factor,industry structure factor,urbanization factor,urban-rural income gap factor.By the comparison of similarity and difference of the principal-components factors extracted in three regions,results show that county economic development is the main factor of county financial development in Shandong province,and the influence of industry structure,urbanization and urban-rural income gap in three regions isdifferent.
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In order to research the effect factors for county financial development in Shandong Province,choosing the data form seventy-nine counties and county-level cities in 2008—2012,the factor analysis was used to extract four principal-component factors such as economic development factor,industry structure factor,urbanization factor,urban-rural income gap factor.By the comparison of similarity and difference of the principal-components factors extracted in three regions,results show that county economic development is the main factor of county financial development in Shandong province,and the influence of industry structure,urbanization and urban-rural income gap in three regions isdifferent.
Key concepts: Urbanization, Principal component analysis, Business, Economic growth, Geography, Economics, Statistics, Mathematics