财政透明与区域创新能力:基于中介效应模型和门槛效应模型

Fiscal Transparency and Local Innovation Ability:Based on Mediating Effect Model and Threshold Effect Model

财政资金未能真正用于创新和企业创新意愿不足是制约区域创新能力提升的两个重要原因,本文探究财政透明通过减少预算违规和稳定创新预期而提升区域创新能力的影响及其程度。笔者采用2009—2016年省级面板数据,运用中介效应模型和门槛效应模型考察财政透明对区域创新能力的影响及其作用机制。研究发现,财政透明能够直接促进区域创新能力提升,也能够通过抑制预算违规和稳定企业创新预期显著地促进创新能力提升,中介效应占比分别为19.2%和42.95%;财政透明、预算违规和企业创新预期对区域创新能力的影响均存在双重门阀效应,当前这三者都正处于对区域创新能力影响很大的阈值范围。这为地方政府通过提高财政透明度、抑制预算违规、提高经济政策确定性、转变政府科技管理职能等途径提升区域创新能力提供了思路。

Illegal budget acfivites and insufticient innovatian expectation are two main reasons of limiting local innovation alility.We try to discuss the imfluence and exteat of fiscal transperency on local innovation ability through reducing the illegal budget activites and stabilizeing the firms innovation expectation.This paper uses the Mediating Effect Model and Threshold Effect Model to explore the effects and mechanisms of fiscal transparency on local innovation ability based on provincial panel data from 2009 to 2016.We find that fiscal transparency can improve local innovation ability directly,also it can achieve this by controlling illegal budget activities and stabilizing market expectation indirectly.The Mediating Effect accounts for 19.2%and 42.95%respectively.Improving fiscal transparency,controlling illegal budget activities and stabilizing market expectation have dual threshold effects.Presently fiscal transparency in China,illegal budget activities and market expectation locate in the area that fiscal transparency plays important roles of improving local innovation ability.To further improve local innovation ability,the local governments can enhance fiscal transparency,control illegal budget activities,stabilize economic certainties and transform government technical administration functions.