供给侧结构性改革背景下企业经营状况与企业杠杆率关系研究——以重庆企业为例  

Study on the Relationship Between Enterprise Management and Enterprise Leverage Ratio Under the Background of Supply Side Structural Reform:Taking Chongqing Enterprise as an Example

作　　者：李群[1] 刘涛[1,2] 

机构地区：[1]中国社会科学院数量经济与技术经济研究所,北京100732 [2]中国社会科学院研究生院,北京102488

出　　处：《重庆理工大学学报（社会科学）》2017年第4期51-57,共7页Journal of Chongqing University of Technology（Social Science）

基　　金：国家社会科学基金项目"经济发展方式转变成效评价研究及其实证分析"(11BTJ015);中国社会科学院哲学社会科学创新工程基础研究学者资助项目"经济评价的理论;方法与实证分析"(2014-2018)

摘　　要：降低杠杆率是供给侧改革的主要任务之一,提升企业经营水平是降低非金融企业杠杆率水平的重要手段,也是培养经济新动力的前提条件。通过分析重庆市经济增长指标和TFP增长率同重庆上市企业整体杠杆率水平,研究杠杆率和宏观经济指标与技术进步率之间的关系。在此基础上建立动态面板模型对重庆部分具备代表性企业的杠杆率水平同企业经营相关指标进行定量分析,综合得出降低杠杆率对经济宏观和企业微观的影响。Reducing leverage ratio is one of the main tasks of supply side structural reforms.Enhancing the management level of enterprises is an important means to reduce the level of nonfinancial enterprises leverage ratio and the prerequisite for cultivating new economic force. Through analyzing of Chongqing economic growth indicators and TFP growth of the listed companies withChongqing overall leverage levels,based on this level we construct dynamic panel model to make quantitative analysis on the level of the leverage ratio of some representative enterprises in Chongqing with the related index of enterprise management. It concludes that reducing the leverage ratio may have macroscopic effect on economic and microscopic effect on enterprise.

关 键 词：动态面板模型 杠杆率 供给侧结构改革 重庆 

分 类 号：F121[经济管理—世界经济]