STUDY ON SPATIAL DIFFERENCES OF FINANCIAL RISKS IN CHINA
Against the backdrop of continuously increasing regional financial risks and increasing contagion of inter-regional financial risks,with the goal of preventing and controlling regional financial risks,firstly,re-gional financial risk measurement indicators are constructed from five dimensions:finance,enterprises,gov-ernment,households,and macro environment.With the data of 31 provinces in China(excluding Hong Kong,Macao and Taiwan)from 2007 to 2019 as samples,the entropy method was used to evaluate the financial risk levels of each province,and it is found that there is a regional heterogeneity of"high in the east and low in the west"in the financial risk levels of each province;Although the overall financial risk of the country has been decreasing year by year,Liaoning,Zhejiang,and Guangdong are facing increasing pressure from finan-cial risks;Secondly,the Dagum Gini coefficient and its decomposition method were used to explore the spa-tial differences in financial risks among the four major urban sectors in China.It is found that there are cer-tain differences in financial risk levels among provinces within the four major sectors and among them.In the process of risk prevention and control,the differences between the four major sectors are still the main source of resistance.The gap between the northeast region and the other three major sectors is the largest,and it is the biggest obstacle to the overall prevention of financial risks;Finally,the spatial econometric model is used to analyze the performance and causes of regional financial risk spatial differences.It is con-cluded that there is a significant spatial agglomeration feature in the overall financial risk level across the country,showing a diffusion effect from west to east,from north to south and then to north.