摘要
本文利用动态面板数据模型考察了我国制造业产能过剩行业的过剩产能对行业固定资产投资的影响,并从自筹资金和国内贷款两个角度深入探析了过剩产能对投资增长的影响。研究结果表明,过剩产能的存在并没有对行业整体投资和自筹资金投资的增长起到抑制作用;而过剩产能对国内贷款投资则起到了显著抑制作用。
This paper examines the impact of exsisting excess production capacity of China' s manufacturing industries with ex- cess production capacity on the industry investment in fixed assets through the Dynamic Panel Data Model, and analyzes the impact of excess production capacity on the investment growth from the perspectiwe of self-financing and domestic loans. The result shows that the existence of excess production capacity do not play an inhibitory effect on the growth of the industry in- vestment as a whole and the self-financing investment. The excess production capacity played an obviously inhibitory effect on the domestic loan investment.
出处
《投资研究》
北大核心
2013年第8期65-76,共12页
Review of Investment Studies
基金
国家社会科学基金重大项目"抑制产能过剩与治理重复建设对策研究(批准文号09&ZD026)"
教育部人文社会科学研究一般项目青年基金"外部冲击
结构失衡与我国制造业产能过剩问题:形成
影响及对策研究(项目号:13YJC790036)"的阶段性研究成果
关键词
过剩产能
固定资产投资
投资资金来源
动态面板数据模型
Excess production capacity, Fixed assets investment, Source of investment funds, Dynamic Panel Data Model