Statistical Measure of Validity of Financial Resources Allocation
Zhenghui Li 1, Shuanglian Chen 1 *, Silin Chen 1
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1 Guangzhou Academy of International Finance and Guangzhou University, 510006, Guangzhou, P.R. CHINA
* Corresponding Author

This article belongs to the special issue "Problems of Application Analysis in Knowledge Management and Science-Mathematics-Education".

Abstract

The validity of financial resources allocation is one of the elements assessing the ability of financial resources allocation. The validity of financial resources allocation is different from the efficiency of financial resources allocation. Therefore, in the current paper, we present precise definition for the validity of financial resources allocation and analyze its implication. Moreover, we discuss the relation between the validity of financial resources allocation and the economic development. We measure validity of financial resources allocation via appropriate models, since it could help assess the ability of financial resources allocation.

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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

https://doi.org/10.12973/ejmste/77932

EURASIA J Math Sci Tech Ed, 2017 - Volume 13 Issue 12, pp. 7731-7741

Publication date: 16 Nov 2017

Article Views: 357

Article Downloads: 108

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