金融供给与高端制造业耦合协调发展关系实证检验--基于高端制造业上市企业财务数据

Coordinated Development of Financial Supply and High-end Manufacturing--An Empirical Test Base on Financial Data of High-end Manufacturing Listed Companies

为分析金融供给与高端制造业耦合发展关系,本文基于71家高端制造业上市企业2008~2018年的财务数据,利用耦合协调模型和阻碍度模型对二者的耦合发展关系进行了检验。耦合协调度检验表明,当前金融供给与高端制造业耦合协调发展水平较低但处于逐年改善状态,这种改善主要来自金融供给发展综合效益水平的提高。阻碍度检验表明,当前阻碍金融供给与高端制造业耦合协调发展的因素主要来自高端制造业;流动比率和每亿元的高技术产业新增固定资产投资是主要阻碍因子。据此提出促进金融供给与高端制造业耦合协调发展的对策建议。

In order to analyze the coupling relationship of financial supply and high-end industry,the paper collects and utilized financial data from 71 famous manufacturers in this industry from 2008 to 2018.By carrying out coupling coordination test and hindrance test,this paper tests this relationship and did research for this topic.The result of coupling coordination test illustrates that the current standard of coupling coordination for financial supply and high-end manufacturing is still low but it has been improving with each passing year.From the perspective of the authors,the reason why the phenomenon occurs is comprehensive perfor-mance in effectiveness and achievements of financial supply have been ameliorating.The data of hindrance test shows that high-end manufacturing is the chief factor which affects the development of coupling coordination of financial supply and high-end manufactu-ring for the moment.In addition,the main named hindrance factors are current ratio and new fixed asset invested in high-end ma-nufacturing with every hundred million yuan.Based on these facts,we put forward targeting measures and suggestions,hoping that coupling coordination of financial supply and high-end manufacturing can be promoted and achieve a coordinated state.