金融集聚与区域经济高质量发展——基于空间效应和门限效应的解析  

Financial Agglomeration and High Quality Development of Regional Economy

作　　者：李文启[1] 赵家未 Li Wenqi;Zhao Jiawei

机构地区：[1]河南工业大学经济贸易学院,河南郑州450001

出　　处：《金融理论与实践》2021年第8期57-66,共10页Financial Theory and Practice

基　　金：2020年度河南省高等学校青年骨干教师培养计划资助。

摘　　要：我国金融影响区域经济的表现较为复杂,金融资源地理集聚与行业集聚特征明显。基于2002—2019年中国30个省份的面板数据,实证研究了金融集聚对区域经济高质量发展的影响效果与影响差异。结果发现:金融集聚对区域经济高质量发展在空间上具有显著的正向溢出效应。空间效应分解发现,全国范围内金融集聚对本地区和周边地区经济高质量发展的促进效果相近。东部地区金融集聚对周边地区经济高质量发展的促进效果更加显著,中部地区和西部地区对本地区经济高质量发展的促进效果更加显著。门限效应回归结果显示,金融集聚对经济高质量发展的促进作用存在双门槛效应,其促进作用会随着金融集聚强度的增加逐渐减弱。China’s financial impact on regional economy is more complex,and the characteristics of Financial Resources Geographic agglomeration and industry agglomeration are obvious.This paper constructs the spatial econometric model and threshold utility model of panel data,and uses the panel data of 30 provinces in China to make an empirical study on the impact of financial agglomeration on the high-quality development of regional economy.The results show that:there is a highly positive correlation between financial agglomeration and the high-quality development of regional economy,and there is a spatial spillover effect.Generally speaking,the indirect effect is higher than the direct effect.At the same time,financial agglomeration has a single threshold effect on the high-quality development of regional economy.Below the threshold,financial agglomeration has a significant positive impact on the high-quality development of regional economy;beyond the threshold,the positive effect of financial agglomeration on the high-quality development of regional economy is no longer significant.

关 键 词：金融集聚 空间杜宾模型 区位熵 门限回归模型 

分 类 号：F831.2[经济管理—金融学]