摘要
采用中国1990-2011年的省级面板数据,实证检验了地区金融发展对产业结构的影响,以及这种影响是否会在不同的政府干预程度下产生显著的差异。检验发现,地区金融发展分别降低了第一、二产业增加值占GDP的比率,提高了第三产业增加值占GDP的比率,从而优化了产业结构;但是,在政府干预程度越强的地区,地区金融发展对产业结构的优化作用受到越多的削弱。研究结果表明,目前中国的地区金融发展存在着过度的政府干预,从而影响了金融在产业发展中的资源配置功能,政府对金融干预的适度调整将有助于产业结构的优化。
By using the provincial panel data of China from 1990 to 2011,the paper empirically tested the impact of regional financial development on industrial structure,and whether the impacts are significantly different under different degree of government intervention. Empirical test finds that regional financial development reduces the added value ratios of the primary industry and the secondary industry in GDP respectively,but the ratio of the tertiary industry in GDP is increased. Therefore,the industrial structure is optimized. However,in regions with stronger degree of government intervention,the optimization function of regional financial development on industrial structure is further weakened. Research results show that China＇s regional financial development is facing excessive government intervention at present,thus affecting the resource allocation function of finance in industrial development. Therefore,appropriate adjustment of government intervention in finance will help to optimize the industrial structure.
出处
《云南财经大学学报》
CSSCI
北大核心
2015年第1期42-54,共13页
Journal of Yunnan University of Finance and Economics
基金
江西省科技厅软科学项目"江西产业结构战略性调整与金融配套服务研究"(20132BBA10020)
江西省教育厅人文社会科学项目"区域金融发展
融资结构与房地产企业投资效率的实证研究"(JC1326)
关键词
地区金融发展
政府干预
产业结构
Regional Financial Development
Government Intervention
Industrial Structure
