The Relationship between China’s Financial Industry Performance and Energy Elimination

Abstract

Taking the provinces, autonomous regions and cities in mainland China as the research objects, this paper collects and collates the data of production, input and energy consumption of the financial industry from 2009 to 2014, and analyzes the production efficiency of each region. The empirical results show that the production efficiency of all prefecture-level cities is 0.782. If analysed on region basis, the average production efficiency of prefecture-level cities is the highest in the eastern provinces, followed by the central provinces and the lowest in the western provinces. If analysed on annual basis, the distribution of production efficiency shows a trend of decline during 2009-2010 and increase after 2012.