中国城市资本空间分布:基于上市公司的实证研究

On Spatial Distribution of China’s Urban Capital: A Case of PLCs

对国内城市上市公司规模、分布、盈利等指标的研究表明,我国城市资本呈现"由东至西逐渐递减"的空间分布格局,传统行业依然是城市资本的主要表现形式,资本向新兴产业聚集的趋势初现。总体而言,我国城市资本的空间配置机制是有效的,但一定程度上存在着低效率问题,且行政力量对分布格局的形成产生重要影响。

Based on the data of 2063 listed companies,this paper explores the spatial allocation of Chinese urban capital.The conclusions are summarized as follows： capital agglomeration capacity decreases from the eastern regions to middle and western regions;urban capital mainly concentrates in traditional industry as well as gradually gathering to emerging industry;the mechanism of capital allocation is effective but with low efficiency;administrative power plays a significant influence on the allocation mechanism.