县域财政金融服务与产业结构升级——基于1772个县域数据的比较研究

County Fiscal-financial Services and Industrial Structure Upgrading:A Comparative Study Based on the Data of 1772 Counties

在对县域财政金融服务影响产业结构升级的理论分析基础上,本文基于2014年中国1772个县(区)的截面数据,采用分位数回归方法实证研究了县域财政金融服务及其二者联动对产业结构升级的影响效应,并进一步研究了其在贫困县与非贫困县的异质性。研究结果表明,财政服务和金融服务均对产业结构升级具有正向促进作用,且财政服务的影响作用更大,但财政金融服务联动对产业结构升级的影响作用不显著;财政服务的促进作用在贫困地区更大,金融服务的促进作用在非贫困地区更大;贫困县财政服务的促进作用大于金融服务,非贫困县金融服务的促进作用大于财政服务。因此,促进县域产业结构升级既要进一步提高财政服务和金融服务的水平和质量,并不断加强二者的协调配合,又要制定差异化的财政金融服务政策,充分发挥不同县域财政金融服务的比较优势。

This paper firstly analyzes the impact of county fiscal and financial services on the industrial structure upgrading,based on the cross-section data of 1772 counties in China in 2014 with quantile regression method,and then empirically studies the effect of county fiscal and financial services and their coordination on industrial structure upgrading and their heterogeneity between poverty and none-poverty counties.The results indicate that fiscal and financial services have significant positive effects on industrial structure upgrading,and the effect of the former is bigger,but the effect of their interaction is non-significant.The effect of fiscal services in poverty counties is higher than none-poverty counties,while the effect of financial services in non-poverty counties is higher.The effect of fiscal services is higher than financial services in poverty counties,and the lat-ter is higher than the former in none-poverty counties.Therefore,upgrading the county industrial structure not only need to further improve the ability and quality of county fiscal-financial services,and enhance the coordination and cooperation between them,but also need to make differential fiscal-financial policies and give full play to the comparative advantage of them in different counties.