A study on china's regional capital allocation efficiency and influencing factors

This article estimated the capital allocation efficiency of China's four major regions and 31 provinces. The results showed that, in the long run, China's overall capital allocation efficiency shows a rising trend, the regional capital allocation efficiency decreasing progressively as eastern, central, western, north, and provincial level also have significant differences. Then it continued to analyzed impact on the efficiency of capital allocation and found that the nationalization of the degree, the level of human capital, the level of opening up, the level of financial development, the level of government interference, the level of urbanization all have varying degrees of impact on regional capital allocation efficiency. ? (2014) Trans Tech Publications, Switzerland.EI