金融集聚对技术创新的影响——来自中国省级层面的证据

The Influence of Financial Agglomeration on Technological Innovation——Provincial Evidences in China

本文考察金融集聚对经济增长总量和技术创新的差异性影响,以及上述影响在不同地区和行业的异质性。结果表明:在促进经济总量增长的表象下,金融集聚对技术创新具有抑制作用;金融集聚具有空间分布不均衡的特征,其对技术创新的影响不随集聚程度的高低产生规律性的变化;金融集聚的技术创新效应具有显著的行业异质性,银行业和保险业集聚对技术创新有显著的促进作用,而证券业集聚则会逆向挤出技术创新。

This paper presents an analysis of the different influence of financial agglomeration on the total amount of eco- nomic growth and technological innovation, and the influence difference between regions or industries. The results of the paper show that, the financial agglomeration has the inhibitory effect on technological innovation at the same time it pro- motes the growth of total economy; the financial agglomeration has the characteristics of unequal spatial distribution, and its influence on technological innovation does not change regularly with the degree difference in agglomeration; the tech- nological innovation effect of financial agglomeration has a significant industry-heterogeneity, and the agglomeration of banking and insurance industry plays a significant role in promoting technological innovation, but the agglomeration of se- curity industry inhibits technological innovation.