金融业态深化、财政政策激励与区域实体经济增长

发布时间：2018-01-01 04:39

本文关键词：金融业态深化、财政政策激励与区域实体经济增长　出处：《重庆大学》2016年博士论文　论文类型：学位论文

【摘要】：论文是关于金融业态深化、财政政策激励与区域实体经济增长关系问题的研究。实体经济是一个国家综合国力的基础,实体经济越强,综合国力的基础越坚实。没有实体经济的有效成长,经济社会就不可能健康持续发展。金融业态深化、财政政策激励与区域实体经济增长三者之间关系密切。实体经济是金融业态深化和财政政策激励的基础,没有实体经济的持续稳定增长,金融业态深化和财政政策激励就没有可靠的经济基础;金融业态深化与财政政策激励是实体经济增长的两个“引擎”,没有金融业态深化与财政政策激励及其有效协调配合,实体经济增长就没有动力。因此,系统地研究金融业态深化、财政政策激励与实体经济增长的关系具有非常重要的理论价值和现实意义。1.研究的主要内容(1)构建了金融业态深化、财政政策激励与实体经济增长的理论分析框架。对相关概念的定义及内涵进行了界定,分别建立数理模型分析了金融规模、金融结构、金融效率、财政分权、财政支出、税收优惠与实体经济增长之间的理论关系,确定了金融业态深化、财政政策激励及实体经济增长的测度指标。(2)统计分析了金融业态深化、财政政策激励与实体经济增长的现状及问题。分别利用全国时间序列数据和省际面板数据分析了实体经济增长的现状、特征及区域差异;从社会融资规模和结构、财政分权和财政支出、实体经济与虚拟经济协调性、信贷资金和财政资金投放等方面分析了金融业态深化和财政政策激励支持实体经济增长的现状及问题。(3)实证研究了金融业态深化、财政政策激励及二者配合对实体经济增长的影响。分别从规模、动力和结构三个视角出发,建立空间计量模型、静态面板模型和动态面板模型实证研究了金融业态深化、财政政策激励及二者配合对实体经济增长的影响。(4)基于论文实证研究结论、结合中国当前经济发展的现实背景,设计了金融业态深化、财政政策创新及二者配合促进实体经济增长的长效机制,并提出了促进实体经济增长的政策建议。2.研究的主要结论(1)改革开放以后,中国实体经济呈快速增长趋势,但表现出明显的阶段性特征和较大的区域差异。1978年以来,中国实体经济总量增长了近157倍,年均增长率高达15.46%,2014年实体经济总量已达551342亿元。2008年以前沿海地区实体经济年均增长率明显高于内陆地区和沿边地区,2008年以后内陆地区实体经济增长率高于沿海地区和沿边地区,呈现出“内陆经济崛起”新格局。实体经济空间相关性呈倒“u”型变动趋势,2008年达最大值0.353;2008-2010年间中国实体经济全要素生产率呈明显的“v”型变动趋势。衡量实体经济区域差异的基尼系数、泰尔指数和对数离差均值三个指数均较大,且集中在0.28-0.43之间波动。沿海地区、内陆地区和沿边地区实体经济总量之比为3.18:1.49:1,沿海地区实体经济全要素生产率和技术进步率明显高于沿边地区和内陆地区。(2)金融业态深化和财政政策激励对区域实体经济增长均具有明显的促进作用,但在实践过程中也存在诸多问题。空间计量模型、静态面板模型、动态面板模型的回归结果表明,金融业态深化和财政政策激励两个变量的系数全部显著为正,说明二者对实体经济增长规模、增长动力和增长结构均具有明显的促进作用,金融业态深化程度和财政政策激励力度越高,实体经济增长越快。然而,在实践过程中逐渐暴露出诸多问题,主要表现为:一是实体经济区域发展极不协调差距极为显著,二是实体经济与虚拟经济不协调,三是国有经济与民营经济不协调,四是技术创新与产业结构优化不协调。(3)金融业态深化与财政政策激励配合不协调显著地制约区域实体经济增长。空间计量模型、静态面板模型和动态面板模型的回归结果表明,衡量金融业态深化和财政政策激励配合的交叉项的系数全部显著为负,说明金融业态深化和财政政策激励配合对实体经济增长规模、增长动力和增长结构均具有负向作用,显著地制约实体经济增长。产生这一结果的原因是,在支持实体经济增长的实践过程中,财政手段和金融手段配合不协调,政策效率偏低。(4)促进实体经济有效增长需要构建金融业态深化和财政政策创新及二者协调配合的长效机制。具体来讲主要包括9个方面:科技金融促进机制、多元金融协调机制、绿色金融服务机制、政府投资驱动机制、财政补贴引导机制、税费减免扶持机制、风险防范化解机制、资源成果共享机制和国有民营协同机制。3.研究的重要观点(1)实体经济是经济社会发展的基础,没有实体经济的有效增长,国民经济就不可能持续健康发展,社会就不可能长期和谐稳定。全民重视实体经济和回归实体经济,促进实体经济有效增长才是发展硬道理。(2)金融业态深化和财政政策激励是实体经济增长的重要条件,促进实体经济增长不仅需要进一步提升金融业态深化程度和财政政策激励力度,更需要强化金融业态深化与财政政策激励的紧密合作与协调配合。(3)金融业态深化既要加快金融产业市场化发展,又要坚持金融与实体经济深度融合。金融业态深化必须以实体经济可持续增长为基础,实体经济增长必须依靠金融业态深化的有效支持,二者缺一不可。(4)民营企业是社会主义市场经济体制构建的主体,是实体经济可持续发展的核心力量。金融业态深化和财政政策创新要为民营经济发展创造优良环境,要促进国有经济与民营经济的协调发展。(5)强化技术创新既是实体经济规模扩张和动力转换的基础,又是实体经济增长绩效提升和产业结构优化的关键。金融业态深化和财政政策创新必须有效协调配合增强实体经济的科技创新动力。4.研究的政策建议(1)根据实体经济发展需要加大基础建设有效投资。根据实体经济发展的实际需要,因地制宜创新基础设施建设投融资模式增加有效投资,不能为创造GDP而盲目的增加无效投资或重复投资。(2)完善区域产业政策加快实体经济产业结构优化。加快传统产业改造升级,重塑传统产业的竞争优势;找准重点突破领域,大力培育和发展战略性新兴产业与高端制造业;多措并举推动服务业快速发展。(3)增加研发经费投入提升实体经济科技创新能力。多管齐下提高财政金融对科技创新的资金支持力度,创新实体企业科技研发经费管理模式,强化企业科技创新经费的投入和运用管理。(4)加强职业技术教育提高实体经济人力资本存量。强化校企合作、重视理论与实践的深度融合,颁布大学生就业新政策,完善企业内部人才培养计划,加快实体企业人才的供给侧结构性改革。(5)深化对外开放与区域合作促进实体经济国际化。加快对外开放体制改革和制度创新,加强对外开放基地和基础设施建设,强化国际区域合作,鼓励实体企业“引进来”和“走出去”。
[Abstract]:This paper is about the format of the financial deepening, research on the relationship between economic growth of fiscal policy and regional entities. The real economy is the foundation of a country's comprehensive national strength, the real economy is stronger, more solid foundation of the comprehensive national strength. There is no effective growth of the real economy, economy and society can not be sustained and healthy development of the financial industry. Further, between fiscal policy and regional economic growth of three entities are closely related. The real economy is the foundation of financial deepening and the format of fiscal policy, not the real economy continued steady growth, financial deepening and financial industry incentive policy is no reliable economic basis; financial deepening and financial incentives format is the two "engine" of the real economy no growth, with the deepening of financial formats and effective coordination of fiscal policy, the real economic growth there will be no power. Therefore, systematic study Format of financial deepening, the main content of the relationship between fiscal policy incentives and real economic growth has very important theoretical value and practical significance to study the.1. (1) constructed the format of financial deepening, fiscal policy and the real economic growth in the theoretical framework. The connotation and definition of related concepts were defined, the mathematical model was established by analysis the financial scale, financial structure, financial efficiency, fiscal decentralization, fiscal expenditure, the theory of relationship between tax incentives and the growth of the real economy, the financial industry deepening, fiscal policy and the real economy growth index (2). Statistical analysis of the format of financial deepening, fiscal policy and the status quo and problems of economic entities growth. Respectively using the time series data and panel data analysis of the current situation of the real economic growth, characteristics and regional differences from the scale of social financing; And the structure of fiscal decentralization and fiscal expenditure, coordination of the real economy and the virtual economy, credit funds and financial funds and other aspects of the current situation and problems of the financial industry to support the real economy growth and fiscal policy deepening incentives. (3) An Empirical Study on the format of the financial deepening, fiscal policy and two coordination effects on real economy growth. From three perspectives of scale, dynamics and structure, establish spatial econometric model, static model and dynamic panel panel empirical model to study the format of financial deepening, fiscal policy and the two with the impact on the real economic growth. (4) based on the conclusion of empirical research, combined with the practical background of the current economic China the development of the financial industry, design innovation deepening, fiscal policy and the two with the long-term mechanism to promote the growth of the real economy, and put forward to promote the real economy growth policy The main conclusions of.2. (1) after the reform and opening up, Chinese real economy a rapid growth trend, but showed significant stage characteristics and regional differences of.1978 years, China total real economic growth by nearly 157 times the average annual growth rate of 15.46%, in 2014 the real economy has reached 551342 yuan.2008 years ago, the average annual growth rate of real economy in coastal areas is obviously higher than that of inland and border areas and inland areas in 2008 after the real economic growth rate is higher than the coastal areas and border areas, showing a new pattern of inland economic rise. The real economy spatial correlation of inverted "U" trend, in 2008 reached the maximum 0.353 years; 2008-2010 Chinese real economy total factor productivity showed "V" type change trend. The Gini coefficient measures of real economic regional difference, Theil index and logarithmic mean deviation of three The index is larger, and the concentration fluctuation between 0.28-0.43. Real economy in coastal areas, inland areas and border area is 3.18:1.49:1, the coastal area real economy total factor productivity and technological progress rate was significantly higher than that of border area and inland area. (2) the financial deepening and financial incentives to form regional real economic growth has obvious the role, but there are also many problems in the process of practice. Spatial econometric model, static panel model, dynamic panel regression results of model show that the coefficient of fiscal policy and deepening the financial formats of two variables are significantly positive, indicating that two of the real economic growth scale, growth momentum and growth structure have obvious to promote the role of financial deepening and financial industry policy incentive strength is high, the real economic growth more quickly. However, gradually exposed in the process of practice A lot of problems, mainly as follows: one is the real economy very uncoordinated regional development gap is very significant, the two is the real economy and the virtual economy is not harmonious, three is the state-owned economy and private economy is not harmonious, four is the technical innovation and optimization of industrial structure is not coordinated. (3) the financial sector deepening state cooperation significantly to restrict the regional real economy growth and fiscal policy incentives. Spatial econometric model, the regression results of static panel model and dynamic panel model shows that the coefficient of cross terms with all the negative incentive measure of financial industry deepening and fiscal policy, financial deepening and financial policy description formats incentive coordination on the growth of the real economy scale, growth momentum and the growth structure has a negative effect, significantly restrict the real economic growth. The reason of this result is that in the process of practice to support the real economy growth, financial means And financial instruments with the lack of coordination, policy efficiency is low. (4) to promote the effective growth of real economy need to construct the format of financial deepening and innovation of fiscal policy and the two coordinated with the long-term mechanism. It mainly includes 9 aspects: the promotion of science and technology finance mechanism, diversified financial coordination mechanism, the green financial service mechanism, driving mechanism of government investment financial subsidies, tax relief guide mechanism, support mechanism, risk prevention and mitigation mechanism, resource sharing mechanism and an important point of view results of state-owned private.3. research collaborative mechanism (1) the real economy is the basis of economic and social development, there is no effective growth of the real economy, the national economy can not be sustained and healthy development of society will not be harmonious and stable for a long time. All the people to pay attention to the real economy and return to the real economy, promote the effective growth of the real economy is the development of the hard truth. (2) format of financial deepening and financial policy The incentive policy is an important condition for the growth of real economy, promote real economic growth not only need to further enhance the format of financial deepening and financial policy incentives, it needs to strengthen the financial deepening and the format of fiscal policy in close cooperation and coordination. (3) the financial sector deepening state should speed up the financial industry market development, and adhere to the integration of the financial and real economy. Financial industry must deepen in depth the sustainable growth of the real economy based, real economic growth must rely on the effective support format of financial deepening, the two indispensable. (4) the private enterprise is the main body of the socialist market economy, is the core force for the sustainable development of the real economy. Financial deepening and financial policy innovation activities to create a good environment for the development of private economy, to promote the coordinated development of state-owned economy and private economy. (5) strong technology The basic innovation is the real economy scale expansion and power conversion, and the real economic growth performance improvement and optimization of the industrial structure. The key to deepening financial formats and fiscal policy innovation must be effective coordination of enhanced dynamic.4. technology innovation of the real economy policy suggestions (1) according to the development needs of the real economy to increase the effective investment in infrastructure. According to the actual needs of the development of the real economy, innovation and infrastructure construction investment and financing mode to increase the effective investment, not to create GDP but blindly increase the invalid investment or repeated investment. (2) improve the regional industrial policy to accelerate the optimization of industrial structure. The real economy to accelerate the upgrading of traditional industries, reshaping the competitive advantages of traditional industries; identify key breakthrough the field, to cultivate and develop strategic emerging industries and high-end manufacturing industry; take measures to promote the rapid development of the service industry. (3 ) increase research funding to enhance scientific and technological innovation to improve the real economy. Financial fund for science and technology innovation support multi pronged innovation entity enterprise R & D funds management mode, strengthen the enterprise technological innovation investment and the use of management. (4) to strengthen the vocational technical education to improve human capital stock. The real economy to strengthen cooperation pay attention to the theory and practice, the depth of integration, the promulgation of the new employment policy, improve the internal personnel training plan, to speed up the supply side entity enterprise talent structural reform. (5) the deepening of opening up and regional cooperation to promote the internationalization of the real economy. To accelerate the opening up of system reform and innovation, strengthen opening base and infrastructure construction. To strengthen international and regional cooperation, encourage entities "bringing in" and "going out".

【学位授予单位】：重庆大学
【学位级别】：博士
【学位授予年份】：2016
【分类号】：F124;F832;F812.0

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