SPECIAL ISSUE PAPER
Statistical Measure of Validity of Financial Resources Allocation
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Guangzhou Academy of International Finance and Guangzhou University, 510006, Guangzhou, P.R. CHINA
 
 
Online publication date: 2017-11-16
 
 
Publication date: 2017-11-16
 
 
EURASIA J. Math., Sci Tech. Ed 2017;13(12):7731-7741
 
This article belongs to the special issue "Problems of Application Analysis in Knowledge Management and Science-Mathematics-Education".
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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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ISSN:1305-8215
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