甘肃省发展战略性新兴产业中的金融支持研究

发布时间：2018-01-24 07:39

本文关键词： 战略性新兴产业金融支持现状效率影响因素对策　出处：《甘肃农业大学》2017年硕士论文　论文类型：学位论文

【摘要】：世界金融危机后,全球经济结构性失衡问题日渐突显,为了应对金融危机带来的挑战,不少国家提出经济战略的转型,我国也适时提出大力发展战略性新兴产业。甘肃省人均资源少、生态环境脆弱,要实现经济的快速与可持续发展,符合甘肃省“丝绸之路经济带”黄金地段的定位,发展战略性新兴产业显得十分重要。近几年,甘肃省在发展战略性新兴产业方面也做出了很大的努力,积极响应国家政策,抓住机遇发展该产业,带动传统产业转型升级、促进地区经济增长。但是甘肃省作为一个欠发达地区,战略性新兴产业以中小企业居多,而且资本市场不健全,金融服务的配套环境还不够完善,所以战略性新兴产业的发展速度较慢,其中存在的问题也在逐渐的暴露出来。文章首先通过对国内外相关文献综述进行梳理与总结,从而确定了研究视角。然后文章以理论阐述、现状分析、实证研究、案例分析、结论和建议的主线展开。在理论阐述部分,分析了金融支持甘肃省战略性新兴产业发展的必要性、现状以及特征。在实证部分,主要包括效率评价和影响因素分析两部分,在效率评价部分,首先运用主成分分析(PCA)遴选出投入产出指标;以此为基础采用DEA方法测度战略性新兴产业的金融投入产出效率;在影响因素部分,将DEA模型得出的综合技术效率作为被解释变量,将金融的几种支持方式作为自变量,采用Tobit模型评价自变量对DEA效率的影响。得出以下研究结论:甘肃省战略性新兴产业综合效率低下,主要是纯技术效率低下所致。从样本期综合效率平均值大小来分析,新能源与生物产业最高,效率值在0.9左右,其次是新一代信息技术,而高端装备与新材料产业效率值仅在0.7左右。从综合效率分解的指标看,对于新一代信息技术行业,不仅纯技术效率低下是导致金融支持效率低的主要原因,同时规模效率的低下也起着一定的作用,因此这两个产业不仅需要提高管理效率,还要扩大产业的规模。在对影响因素分析时发现贷款资金支持、股权融资支持对甘肃省新兴产业上市公司效率有负影响;而内部资金支持对甘肃省新兴产业上市公司效率有正影响。最后结合敦煌种业的案例对甘肃省战略性新兴产业融资的必要性进行了分析,并提出了加强政府的政策性金融支持、提高商业银行的支持效率、加快资本市场的完善的对策建议。
[Abstract]:After the world financial crisis, the global economic structural imbalance has become increasingly prominent. In order to deal with the challenges brought by the financial crisis, many countries put forward the transformation of economic strategy. At the same time, our country also put forward to develop the strategic emerging industry vigorously. Gansu province has few per capita resources and fragile ecological environment, so it is necessary to realize the rapid and sustainable development of economy. In line with the positioning of "Silk Road Economic Belt" in Gansu Province, the development of strategic emerging industries is very important. In recent years, Gansu Province has also made great efforts to develop strategic emerging industries. Actively respond to national policies, seize the opportunity to develop this industry, promote the transformation and upgrading of traditional industries, promote regional economic growth. But as a less developed region, Gansu Province, strategic emerging industries in the majority of small and medium-sized enterprises. And the capital market is not perfect, the supporting environment of financial services is not perfect, so the development of strategic emerging industries is slow. The existing problems are also gradually exposed. Firstly, the article combs and summarizes the relevant literature at home and abroad, so as to determine the research perspective. Empirical research, case analysis, conclusions and recommendations of the main line. In the theoretical elaboration part, the paper analyzes the necessity, current situation and characteristics of the financial support to the development of strategic emerging industries in Gansu Province. In the empirical part. It includes two parts: efficiency evaluation and influence factor analysis. In the efficiency evaluation part, the input-output index is selected by principal component analysis (PCA). On the basis of this, DEA method is adopted to measure the efficiency of financial input and output of strategic emerging industries. In the part of influencing factors, the comprehensive technical efficiency obtained by DEA model is taken as the explanatory variable, and several supporting ways of finance are taken as independent variables. Tobit model is used to evaluate the influence of independent variables on DEA efficiency. The following conclusions are drawn: the comprehensive efficiency of strategic emerging industries in Gansu Province is low. It is mainly caused by the low efficiency of pure technology. According to the average value of comprehensive efficiency in the sample period, the new energy and biological industry is the highest, the efficiency value is about 0.9, followed by the new generation of information technology. The efficiency of high-end equipment and new materials industry is only about 0.7. From the comprehensive efficiency decomposition index, for the new generation of information technology industry. Not only the low efficiency of pure technology is the main reason leading to the low efficiency of financial support, but also the low efficiency of scale also plays a certain role, so these two industries not only need to improve the efficiency of management. We also need to expand the scale of the industry. When we analyze the influencing factors, we find that the financing of equity has a negative effect on the efficiency of listed companies in the emerging industries of Gansu Province. The internal financial support has a positive impact on the efficiency of listed companies of emerging industries in Gansu Province. Finally, the necessity of financing strategic emerging industries in Gansu Province is analyzed with the Dunhuang seed industry case. Some suggestions are put forward to strengthen the government's policy-oriented financial support, to improve the efficiency of commercial banks' support, and to speed up the perfection of the capital market.
【学位授予单位】：甘肃农业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F276.44;F832

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