Measurement and Importance Identification of Regional Systemic Risk in China

DOI

10.2991/iced-18.2018.34How to use a DOI?

Keywords

Regional risk, Systemic risk, Risk importance identification

Abstract

Regional risk has become the focus of attention in the theoretical and practical areas in recent years, and the research on regional risk has become a hot issue. In this paper, we use all of China’s A-share listed companies as the object of study, all the shares of listed companies in accordance with the provincial classification for the sub-category is divided into 31 regions. And then studies the characteristics and importance of the regional system risk in each province of our country. The following conclusions are obtained: (1) The overall systemic risk level of our country is on the rise, and the provinces with relatively high regional risk levels show the trend of shifting from inland areas to southeast coastal areas; (2) The highest importance of systemic risk is Beijing, followed by Guangdong, Zhejiang, Jiangsu and Shanghai, while the regional and institutional risks in Qinghai and Ningxia are less important. This study is of great significance to the understanding and control of regional systemic risks in China.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Pei-Nan Ji
AU  - Li-Juan Bai
AU  - Yang Jiang
AU  - Guang Yu
AU  - Guan-Qi Wang
PY  - 2018/11
DA  - 2018/11
TI  - Measurement and Importance Identification of Regional Systemic Risk in China
BT  - Proceedings of the 3rd Annual International Conference on Education and Development (ICED 2018)
PB  - Atlantis Press
SP  - 209
EP  - 217
SN  - 2352-5398
UR  - https://doi.org/10.2991/iced-18.2018.34
DO  - 10.2991/iced-18.2018.34
ID  - Ji2018/11
ER  -