金融发展对产业结构影响的区域比较研究——产业结构合理化与高级化二维度的实证检验

A Regional Comparative Study of the Impacts that Financial Development has on the Industrial Structure——From the Two Dimensional Perspective of the Rationalization and Optimization of Industrial Structure

采用1993～2013年的数据，通过构建面板数据变参数模型，从产业结构合理化和高级化两个维度实证检验了我国东、中、西部地区金融发展对产业结构调整的影响，得出以下结论：金融相关率的提高促进了各地区产业结构合理化和高级化水平，且对东部地区的促进作用显著，银行业的主导地位依然；金融发展规模和效率对东部地区产业结构合理化和高级化有促进作用，但均不显著；而对中西部地区产业结构调整的作用趋同，但对产业结构合理化与高级化的作用符号迥异：金融发展规模对产业结构合理化的作用为正，中西部地区产业结构仍处于合理化阶段，金融发展效率对产业结构高级化的作用为正，中西部地区后发优势渐现。

This paper use the data from 1993 to 2013 to examines the impact of financial development on the industrial structure adjustment in the east, middle and west regions of China, from the two dimensions of industrial structure rationalization and optimization by constructing a variable parameter panel data model. We find that the improvement of financial interrelations ratio （FIR） promotes the rationalization and optimization of industrial structure in various regions, and the promotion in the East is significant, so banks are still in a dominant position. The scale and efficiency of financial development have the positive effect to the industrial structure adjustment in the East, but they are not significant. Furthermore, the effects of the scale and efficiency of financial development on the industrial structure adjustment in the Center and West are almost same, but for the rationalization and optimization of industrial structure the role is not same： the effect of financial scale development on the rationalization of industrial structure is positive, which illustrates that the industry structure of the Center and West is still in a reasonable period. And the effect of financial development efficiency on the optimization of industrial structure is positive, which indicates that the advantages of backwardness become more obviously in the Center and West.