产业政策激励的资源配置效率研究——基于企业异质性分解的准自然实验  

Research on Resource Allocation Efficiency of Industrial Policy Incentives——Quasi-Natural Experiment Based on Enterprise Heterogeneity Decomposition

作　　者：张文武[1] 徐嘉婕 欧习 Zhang Wenwu;Xu Jiajie;Ou Xi(School of International Business,Nanjing University of Finance and Economics,Nanjing 210023,China)

机构地区：[1]南京财经大学国际经贸学院,江苏南京210023

出　　处：《中国科技论坛》2020年第3期24-33,共10页Forum on Science and Technology in China

基　　金：国家社会科学基金项目“空间经济视角下集聚效应、拥挤成本与我国城市空间结构优化研究”(13CJY033);江苏省社科基金重点项目“江苏城乡空间协调发展研究”,教育部重大招标课题(16JZD019);江苏高校优势学科建设工程资助项目。

摘　　要：本文从产权和区域异质性的视角出发,在“准自然实验”框架内构建模型,研究鼓励型和抑制型产业政策影响资源配置效率的差异性和内在机理,并基于2009—2012年中国工业企业数据,采用双重差分策略(DID)进行实证考察。研究发现:产业政策对资源配置效率的影响随着时间变化整体表现出不同的趋势,且具有明显的偏好性,鼓励型产业政策能够显著持续提高资源配置效率,而抑制型产业政策的作用在短期不明显;较于东部地区,产业政策对西部地区资源配置的激励效应更大;基于所有制成分的回归检验也证明了不同类型产业政策对资源配置效率的差异性,抑制型产业政策对化解国有成分越高行业的资源错配更加明显。研究结果意味着需立足产权特征与区域差异,设计更具有针对性的产业政策来激励资源配置效率。From the perspective of property rights and regional heterogeneity,this paper constructs a model within the framework of“quasi-natural experiment”to study the difference and internal mechanism of incentive and restraint industrial policies affecting resource allocation efficiency.Based on the data of China s industrial enterprises from 2009 to 2012,we also make an empirical study using the Difference-in-Difference model(DID).This paper provides the following findings.Firstly,the impact of industrial policies on resource allocation efficiency shows different trends over time and obvious preferences.Encouraging industrial policies can significantly and continuously improve the efficiency of resource allocation,while restraining industrial policies have no obvious effect in the short term.Compared with the eastern region,the industrial policy has greater incentive effect on the allocation of resources in the western region.The regression test based on ownership composition also proves the differences in the efficiency of resource allocation under different types of industrial policies.Restraining industrial policies are more obvious in solving the problem of the mismatch of resources in higher state-owned industry.This means that based on property rights and regional differences,more targeted industrial policies should be designed to stimulate resource allocation efficiency.

关 键 词：产业政策 资源配置效率 异质性 双重差分策略 

分 类 号：F424[经济管理—产业经济]