地方保护主义对我国资本配置效率的影响研究

The Relationship between Local Protectionism and Capital Allocation Efficiency of China

本文通过建立地方保护主义影响资本配置效率的理论框架,运用2000 ～2013年我国的省际面板数据对地方保护主义与资本配置效率的关系进行了实证检验.研究发现:①地方保护主义与资本配置效率呈显著负相关;②东、中、西部的地方保护表现不尽相同,地方保护对资本配置效率的负向作用在中西部要显著高于东部.整体上,本研究为政府部门的政策制定和宏观调控提供了一定的政策支持,提出通过减弱地方保护主义程度可以提高资本配置效率,例如:使地方政府的权责与财力相适应;对国企进行市场化改革,减少政府与当地国企的政治关联;建立综合的、长期的考察政府官员业绩的标准;建立透明的市场准入制度.同时,推进“一带一路”、“长江经济带”等跨区域合作战略,促进区域间协调发展.

Based on the capital allocation model designed by the Wurgler(2000), this paper measured the allocation efficiency of China from 2000 to 2013. Then use the result to test the relationship between local protectionism and capital allocation efficiency by some empirical studies. The results were that local protectionism surely has bad effect on the efficiency of capital allocation and different areas has its own degree of influence. This means that the government should match its capability to its responsibility, and marketization of state-owned enterprises reform should be carried on as soon as possible. At the same time, the equally atmosphere should be built around the market. Also, a comprehensive investigation of government officials’ performance should be built.