船舶产业融资偏好与融资效率评价  

An Empirical Study on Ship Financing Efficiency

作　　者：李丹[1] 杨帆[1] 

机构地区：[1]上海海事大学经济管理学院,上海201306

出　　处：《哈尔滨商业大学学报（社会科学版）》2014年第2期96-103,共8页Journal of Harbin University of Commerce:Social Science Edition

基　　金：国家社会科学基金(13BJY178);上海市哲学社会科学规划项目(2012BGL005);上海市科研创新项目(12YS070)

摘　　要：考虑到船舶融资效率成为制约船舶产业发展的瓶颈,以2010—2012年我国12家船舶上市公司为样本实证分析船舶产业融资偏好与船舶融资效率相关性,研究结果表明:股权融资、债权融资、银行信贷对融资效率都具有相关性,其中,股权融资手段对融资效率影响更大;整个船舶行业融资效率偏低;宏观航运周期与船舶产业融资效率相关性显著,但与GDP增长率相关性不显著;从资源配置角度提出提升船舶产业融资效率的政策建议。Ship financing is a constraint to the development of shipbuilding industry while ship manufacturing as the main pillar industry of marine e conomic development. The paper based on the 12 listed marine companies samples from 2010 to 2012 analysis the relationship between financial mode and ship financing efficiency with the panel data. As the research result, equity financing, debt financing, bank credit are relevant with fi nancing efficiency ; equity financing which means a greater impact on the financing efficiency ; It is low financing efficiency of the entire ship indus try. Finally, we give policy recommendations to improve the financing efficiency of ship industry from the perspective of resource allocation.

关 键 词：船舶融资 船舶融资因素 船舶融资效率 

分 类 号：F552.6[经济管理—产业经济]