Construction of Spatiotemporal Difference Image of the Impact of Financial Structure on China’s Total Factor Productivity

Table 1

Financial efficiency of banking, insurance, and security industry in east, west, central, and northeast China from 2011 to 2019.

Regional/financial structure	2011	2012	2013	2014	2015	2016	2017	2018	2019
East China/banking	0.312	0.333	0.281	0.251	0.221	0.189	0.176	0.137	0.124
East China/insurance industry	0.321	0.365	0.412	0.452	0.423	0.512	0.554	0.610	0.711
East China/security business	0.531	0.541	0.635	0.778	0.871	0.980	0.941	0.991	0.987
West China/banking	0.453	0.462	0.450	0.411	0.397	0.343	0.323	0.299	0.300
West China/insurance industry	0.394	0.396	0.427	0.461	0.514	0.558	0.560	0.577	0.601
West China/security business	0.522	0.512	0.621	0.622	0.631	0.678	0.781	0.711	0.824
Central China/banking	0.523	0.514	0.422	0.494	0.441	0.384	0.379	0.276	0.311
Central China/insurance industry	0.481	0.501	0.511	0.666	0.621	0.707	0.712	0.782	0.771
Central China/security business	0.212	0.247	0.233	0.343	0.358	0.375	0.388	0.451	0.411
Northeast China/banking	0.583	0.574	0.527	0.491	0.501	0.41	0.328	0.331	0.357
Northeast China/insurance industry	0.228	0.275	0.266	0.280	0.314	0.337	0.382	0.364	0.351
Northeast China/security business	0.124	0.214	0.258	0.314	0.387	0.401	0.365	0.322	0.325