An Empirical Study on the Effect of Financial Resources Allocation Efficiency on International Trade Growth from the Perspective of Supply Side Reform

Abstract

In the era of post-crisis, the international trade environment faced by Guangdong Province has undergone significant changes. With the popularization of the Internet, the flow of international transnational capital has become increasingly rapid and convenient, and the atmosphere of global financial liberalization has become increasingly strong. This makes the breadth of the efficiency of the allocation of financial resources exert an impact on the international trade growth, which has already become the focus of international trade scholars. In order to better determine and make use of the financial moderation principle in the development of international trade in Guangdong Province, it is necessary and urgent to study the effect of the allocation of financial resources in Guangdong Province on the growth of international trade. This paper, through the establishment of the Regression Model, has analyzed and discussed the data of the efficiency of the allocation of financial resources, as well as the breadth of the efficiency of the allocation of financial resources. The conclusion is that Guangdong Province has crossed the turning point of financial moderation "inverted U" curve and it can not blindly expand the financial scale or else the distorted market may lead to new financial risks. Some suggestions are put forward accordingly in light of the conclusion.