金融发展与出口贸易技术水平关系研究——基于中国省级面板数据

The Research of Financial Development and Export Trade's Technical Level——Based on the provincial panel data in China

本文利用2002-2008年省级面板数据,考察了中国各地区的金融发展水平对出口贸易技术水平的影响,实证结果表明:金融发展规模对加工贸易出口技术水平有显著的正向作用,而对一般贸易技术水平则具有显著的负向作用;金融发展效率对加工贸易出口技术水平和一般贸易技术水平的影响均显著为负;证券发展水平对加工贸易出口技术水平的影响并不显著,而对一般贸易出口技术水平则有显著的正面影响。此外,本文进一步发现,人力资本、研发投入、FDI对加工贸易技术水平有显著的正向作用,但对一般贸易技术水平却不存在显著的正向作用。

Based on the provincial panel data from 2002 to 2008, the paper studies the relationship between financial development and the level of technology of export trade. The analysis results showed that： financial development scale was significantly positive correlated with the level of technology of processing trade, while it was significantly negative related to the level of technology of general trade; financial development efficiency was significantly negative correlated with the level of technology of general trade and general trade; securities development level was significantly positive correlated with the level of technology of general trade, while it was not significantly positive related to the level of technology of processing trade. Furthermore, there was significant positively related to the human capital, R＆D investment, FDI and the technical level of processing trade , while there was not significant positively related to the human capital, R＆D investment, FDI and the technical level of general trade.