摘要
本文利用1999-2011年31个省区市的面板数据,对中国金融业发展与技术进步之间的关系进行了实证研究,结果显示,第一,由于存在结构性扭曲和行政壁垒,我国金融业的发展对全要素生产率的促进作用主要体现在工业部门,尚无法对服务业的技术进步提供支撑。第二,随着经济结构日趋服务化,服务部门的全要素生产率会上升,工业部门的全要素生产率呈现下降态势,净效用为正,即产业结构变迁有利于总体的全要素生产率提升。第三,扩大内需战略有助于提高技术进步率,这一点无论在服务部门还是工业部门都通过了显著性检验。本文的研究丰富了扩大内需战略的理论价值和现实意义,同时为产业结构优化和金融业深化改革提供了一条可行的途径。
This paper studies the relationship between finance development and technological progress empirically by using panel data of 31 provinces in China from 1999 to 2011. The results demonstrate that: Firstly, due to the presence of structural distortions and administrative barriers,the role of development of China' s financial industry in promoting TFP is mainly reflected in the manufacturing industry, which is still unable to promoting technical progress in service sector. Secondly, as economic structure is becoming more service- oriented,TFP in service sector will rise while TFP in manufacturing will show a downward trend, leading to a positive net effect. That is to say, the change of industrial structure is conductive to the overall TFP. Thirdly, the strategy of expanding domestic demand is beneficial in enhancing TFP, whether it is in service sector or industry sector. Our research enriches the theoretical value and practical significance of expanding domestic demand strategy as well as providing a feasible way of industrial structure optimization and deepening reform in financial sector.
出处
《经济评论》
CSSCI
北大核心
2013年第6期98-107,共10页
Economic Review
基金
教育部人文社会科学重点研究基地重大项目"扩大内需条件下提高长三角对外开放水平研究"(项目编号:11JJD790036)的资助
作者简介
陈启斐,南京大学商学院,邮政编码:210093,电子信箱:chennpl@126.com;