黄河三角洲产业投资基金的模式选择及运行制度设计

发布时间：2018-03-07 13:25

本文选题：黄河三角洲　切入点：产业投资基金　出处：《中国石油大学（华东）》2013年硕士论文　论文类型：学位论文

【摘要】：我国属于传统的银行主导型金融体系，尤其是在利率尚未实现市场化的背景下，单纯依赖银行资金难以实现资源的有效配置，尤其是面对黄河三角洲高效生态产业生态效益与经济效益在短期内的不匹配，银行资金与高效生态产业难以实现有效对接。在此前提下，本文认为在黄河三角洲高效生态经济区更加需要资本市场的支持，而目前产业投资基金不失为目前最好的替代性制度安排。本文选取黄河三角洲产业投资基金作为研究对象，通过规范经济学的方法、理论分析法、定量分析法和比较分析法，在回顾国内外产业投资基金发展历程的基础上，重点分析产业投资基金的主要特征、产生的经济学原因，进而对黄河三角洲产业投资基金进行环境分析，确定黄河三角洲产业投资基金面临的种种约束条件，然后以此为起点，重点分析产业投资基金面临的困境、瓶颈以及模式选择，最后，，本文在完善产业投资基金宏观运行环境基础上对黄河三角洲产业投资基金的运行进行制度设计，最终实现黄河三角洲产业投资基金有序、渐进式的转变，实现产业投资基金的市场化运作。本文认为目前黄河三角洲产业投资基金仍需采用公司制，同时随着资本市场的完善、相关法规的不断健全，黄河三角洲产业投资基金将逐渐走向市场化，但在当前仍应以政府为主导。
[Abstract]:Our country belongs to the traditional bank-oriented financial system, especially under the background that the interest rate has not yet realized marketization, it is difficult to realize the effective allocation of resources by relying solely on the bank funds. Especially, in the face of the mismatch between ecological benefits and economic benefits of efficient ecological industry in the Yellow River Delta in the short term, it is difficult to realize the effective docking between bank funds and efficient ecological industries. This paper holds that the efficient ecological economic zone in the Yellow River Delta needs the support of capital market more and more, and the industrial investment fund is the best alternative system arrangement at present. This paper selects the industrial investment fund of the Yellow River Delta as the research object, through the normative economics method, the theory analysis method, the quantitative analysis method and the comparative analysis method, on the basis of reviewing the development course of the domestic and foreign industrial investment fund. The main characteristics and economic reasons of the industrial investment fund are analyzed, and then the environmental analysis of the industrial investment fund in the Yellow River Delta is carried out, and the constraints faced by the industrial investment fund in the Yellow River Delta are determined, and then it is taken as the starting point. The difficulties, bottlenecks and mode selection of industrial investment funds are mainly analyzed. Finally, this paper designs the system of industrial investment funds in the Yellow River Delta on the basis of perfecting the macro operating environment of industrial investment funds. Finally, the orderly and progressive transformation of the industrial investment fund in the Yellow River Delta is realized, and the market-oriented operation of the industrial investment fund is realized. This paper holds that the industrial investment funds of the Yellow River Delta still need to adopt the corporate system. At the same time, with the perfection of the capital market and the continuous improvement of the relevant laws and regulations, the industrial investment funds of the Yellow River Delta will gradually become market-oriented. But the government should still be the dominant force at the moment.
【学位授予单位】：中国石油大学（华东）
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.51

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