逆向金融服务外包战略能否提高制造业增长质量:基于投入产出表的分析

Can Reverse Financial Service Outsourcing Strategy Improve the Quality of Manufacturing Growth:Based on the Analysis of the Input-Output Table

本文利用2002年和2007年两张投入产出表,基于FH指数测算了我国制造业的逆向金融服务外包率;并利用2003年—2011年制造业细分行业的面板数据,分析了逆向金融服务外包与制造业增长质量之间的关系。实证结果表明:逆向金融服务外包可以显著提高我国制造业的增长质量。逆向金融服务外包每提高1%,,制造业的增长质量提高0.236%,。分行业研究发现:逆向金融服务外包对技术密集型行业增长质量的促进力最强,对资本密集型行业增长质量的提升作用次之,对劳动密集型行业增长质量的影响不显著。

This paper uses two input-output tables in 2002 and 2007, estimating financial ser- vice outsourcing rate of China＇s manufactuxing industry based on FH index. In addition, we ana- lyze the relationship between financial service outsourcing and manufacturing growth quality by panel data in manufacturing industry from 2003-2011. The empirical results show that： the fi- nancial service outsourcing can significantly improve the growth quality of China＇s manufacturing industry. While financial service outsourcing increases every 1%, the manufacturing growth quality will improve 0.236%. Heterogeneous industries＇ research find that： financial service out- sourcing promote growth quality in technology- intensive industries most strongly, at the same time it also has promotion function on growth quality in capital-intensive industry. However, it doesn＇t influence growth quality in labor- intensive industry significantly.