请把下面这句话改写的学术一点The level of financial development affects the flow of factors thus guiding the redistribution of factors In this regard the financial development is measured by the proportion of the ye

The degree of financial development exerts an impact on the movement of resources, thereby directing the reallocation of resources. This aspect is quantified by the ratio of financial institutions' year-end loan balance to the Gross Domestic Product (GDP) as a measure of financial development.