The Study of Financial Maturity Composite Index in Guangdong Province
利用1978-2008年广东省金融运行数据,通过主成分分析法构建金融成熟度综合指数,刻画金融发展水平,发现改革开放以来金融成熟度持续上升且趋势加快,并提出政策建议。
With reference to the existing research ofMaturity Model,and financial operation data of Guangdong province from 1978 to 2008,the paper tries to use principal component analysis to set up Guangdong Financial Maturity Composite Index for the purpose of characterizing financial development in Guangdong province. The result shows that since the reform and opening up,financial maturity of Guangdong province has been continuously rising and the trend is accelerating.Finally,the authors propose some policy suggestions for the further improvement of financial maturity of Guangdong.