摘要
通过引入金融制度因素对Hechscher-Ohlin-Samuelson(HOS)基准模型进行扩展,分析了不合理的金融体制下中国制造业国际分工地位总体低下的现状。结合中国的情况,讨论了由于中央政府、地方政府不合理的经济管制导致的金融市场分割,使得社会要素禀赋结构出现错误的配置。因此,完善金融资源的市场化配置,对于中国产业技术结构和经济结构的升级与变迁极为重要。在推进金融市场化、自由化的过程中,对风险问题必须加以审慎的考虑。
This paper applies the financial contract model of Holmstmm and Tirole to the HOS model, attempting to analyze how financial system lead to the low status of China industry. Basing on the situation in China discussing the central government, local government economic regulation cause unreasonable financial market segmentation, so that endowment structure of society configuration emerge. Market- oriented financial resources allocation is important to upgrading China＇ s industrial and economic structure. At the same time, the risks must also be carefitlly eomidered in the process of liberalization.
出处
《山西财经大学学报》
CSSCI
北大核心
2009年第8期1-8,共8页
Journal of Shanxi University of Finance and Economics
关键词
金融制度
外部融资
要素禀赋
financial development
external finance
Factor Endowment
