金融资源、产业结构优化与空间溢出效应——基于SDM模型的实证研究

The Financial Resource Industrial Optimization and Spillover Effect——Empirical Research Based on Spatial Dubin Model

金融资源会通过金融规模和金融结构影响产业结构优化,考虑到区域之间的相关性,运用我国2005—2014年的面板数据,引入空间自相关,考察空间相关情况下金融资源对产业结构优化的影响,得到金融规模有利于产业结构优化;当前国有大中型银行为主导的金融结构有利于产业结构优化;国有企业占用的金融规模能够促进产业结构优化.进一步将上述效应区分为直接效应和溢出效应,基于3种空间权重矩阵构建的空间杜宾模型一致得出金融规模对产业结构优化直接和溢出效应均为正;金融结构直接效应为正、溢出效应为负;国有企业占有的金融规模没有直接促进产业结构优化.最后,通过调整距离阈值,发现金融规模的溢出范围在600 km以内,金融结构的溢出范围在400 km以内.

Financial resources will influence industrial structure optimization through finacial scal and financial structure. Taking into account the correlation between regions,using provincial panel data from 2005 to 2014 of our country,a spatial Dubin model is built to find the relationship between financial resource and industrial structural optimization under the consideration of spatial correlation. The empirical research reveals that the financial size financial structure and the financial resource held by state-owned enterprise exert a significant positive effect on industrial structural optimization. After decomposing the effect as direct effect and spillover effect,the study finds that the direct and spillover effect of financial size are positive significantly,the direct effect of financial structure on industrial structural optimization is positive and the spillover effect is negative,the direct effect of financial size held by state-owned enterprise does not promote the optimization of industrial structure. Finally,the spatial weight is adjusted dynamically to affirm the boundary the financial resource＇s impact. The result reveals that impact of financial size is restricting within 600 km and the impact of financial structure is restrict within 400 km.