Table 1 Index system of financial agglomeration level.
From: Dynamic spatial spillover effects of financial agglomeration on CO2 emissions: the case of China
Primary index | Basic index | Basic index measurement method | Weight |
|---|---|---|---|
Financial scale | Size of loans by financial institutions | Total loans by financial institutions at the end of the year | 0.0648 |
Size of deposits in financial institutions | Total deposits in financial institutions at the end of the year | 0.0689 | |
Size of financial employees | Total number of employees in the financial industry | 0.0452 | |
Financial density | Financial regional density | Financial institution loans at year-end/area | 0.2014 |
Deposits in financial institutions at year-end/area | 0.2341 | ||
Per capita financial development level | Number of loans by financial institutions at year-end/total population of the region | 0.0668 | |
Financial institution deposits at year-end/total population of the region | 0.0793 | ||
Financial depth | Financial services activity | Total number of financial workers/total population of the region | 0.0448 |
Output level of the financial industry | Value added of the financial sector/Number of employees in the financial sector | 0.0498 | |
Financial development | Proportion of loans from financial institutions | Total loans by financial institutions at year-end/regional GDP | 0.0292 |
Proportion of deposits in financial institutions | Total deposits of financial institutions at year-end/regional GDP | 0.0349 | |
Financial sector value added | Value added to the financial industry | 0.0807 |
