摘要
技术创新是一国经济增长的动力和源泉,而金融集聚对经济发展和技术创新具有十分重要的意义。运用2003—2012年中国257个地级市的面板数据和30个省的省级面板数据分别实证检验了金融集聚对技术创新影响作用。研究发现,金融集聚不仅对技术创新具有显著促进作用,同时金融集聚还会通过产业集聚效应、服务创新效应、信息扩散效应和人力资本效应对技术创新产生影响。其他如研发人员、纳税贡献度、固定资产投资、金融发展效率、城市道路面积和贸易等控制变量都对技术创新有显著正向促进作用,而控制变量FDI对技术创新的影响具有显著的滞后性,且滞后一期时效果更好。
Technology innovation is driving force and source of a country' s economic growth, and financial agglomeration is very important for economic growth. Based on this, this paper uses China' s 257 prefectures panel data and the provincial panel data of 30 provinces during 2003-2012 respectively to test the financial agglomeration effect on technology innovation. The study finds that financial agglomeration not only plays a significant role in promoting the technological innovation, but also influences the technological innovation by industrial agglomeration mechanism, service innovation mechanism and the effect mechanism of human capital. Other control variables such as research and development personnel,tax, fixed asset investment, financial development efficiency and contribution to the urban road area and trade have positive effect on technology innovation, and the control variable FDI has significant lag effect on technological innovation.
作者
高小龙
杨建昌
GAO Xiaolong YANG Jianchang(Shandong University of Technology, Zibo 255012, China Dezhou Branch of the Industrial and Commercial Bank of China,Dezhou 253000 ,China)
出处
《首都经济贸易大学学报》
CSSCI
2017年第1期25-33,共9页
Journal of Capital University of Economics and Business
基金
国家自然科学基金青年科学基金项目"外商直接投资与经济增长:基于演化视角的数量分析"(71202011)
山东省自然科学基金项目"社会资本与经济增长质量:基于演化框架的数量分析"(ZR2014GQ001)
关键词
金融集聚
金融效率
技术创新
financial agglomeration
financial efficiency
technology innovation