资源依赖视角下金融集聚对绿色全要素生产率的影响  

The impact of financial agglomeration on green total factor productivity from the perspective of resource dependence

作　　者：姚璐 王书华[1] 范瑞[1] YAO Lu;WANG Shuhua;FAN Rui(School of Finance,Shanxi University of Finance and Economics,Taiyuan 030006,China)

机构地区：[1]山西财经大学金融学院,太原030006

出　　处：《资源科学》2023年第2期308-321,共14页Resources Science

基　　金：国家自然科学基金项目(71303142);山西省高等学校科学研究优秀成果培育项目(2019SK024);教育部人文社会科学研究青年项目(22YJC790024)。

摘　　要：【目的】旨在引导资源型城市和非资源型城市通过合理布局金融资源以提升绿色全要素生产率。【方法】以2007—2019年中国153个非资源型城市和113个资源型城市作为研究样本,构建静态面板模型和面板门槛模型,检验资源依赖视角下金融集聚对绿色全要素生产率产生的影响。【结果】(1)整体来看,在非资源型城市中,金融集聚与绿色全要素生产率呈正相关;在资源型城市中,金融集聚与绿色全要素生产率呈负相关。(2)构建以金融集聚为门槛的面板门槛模型时,在非资源型城市中,促进绿色全要素生产率提升的金融集聚区间为[0.000,0.475],在资源型城市中抑制绿色全要素生产率提升的金融集聚区间为[0.000, 0.385]和[0.475,+∞]。(3)构建以资源依赖为门槛的面板门槛模型时,在非资源型城市中,不存在显著的门槛效应;在资源型城市中,当资源依赖程度大于0.018时,金融集聚将会对绿色全要素生产率产生抑制作用。(4)在成长型、成熟型和衰退型资源型城市中,金融集聚与绿色全要素生产率呈负相关;只有在再生型资源型城市中,金融集聚与绿色全要素生产率呈正相关。【结论】地方政府在合理规划金融资源集聚的过程中,应兼顾地区资源依赖程度进一步因地施策,为推动非资源型城市和资源型城市绿色全要素生产率的提升创造有利条件。[Objective]This study aimed to guide resource-based cities and non-resource-based cities to promote green total factor productivity through rational distribution of financial resources.[Methods]Using 153 non-resource-based cities and 113 resource-based cities in China as research samples and data from 2007-2019,the static panel model and panel threshold model were constructed to test the impact of financial agglomeration on green total factor productivity from the perspective of resource dependence.[Results]The results show that:(1)Overall,financial agglomeration was positively correlated with green total factor productivity in non-resource-based cities,while it was negatively correlated with green total factor productivity in resource-based cities.(2)When the resource-dependence perspective was not considered,the results of the panel threshold model with financial agglomeration as the threshold indicate that the financial agglomeration interval promoting the improvement of green total factor productivity in non-resource-based cities was[0.000,0.475],while the financial agglomeration interval inhibiting the improvement of green total factor productivity in resource-based cities was[0.000,0.385]and[0.475,+∞].(3)When resource dependence was considered,the results of the panel threshold model based on resource dependence indicate that there was no significant threshold effect in non-resource-based cities.In resource-based cities,when the resource dependence degree was greater than 0.018,financial agglomeration had a inhibitory effect on green total factor productivity.(4)In the growing,mature,and declining resource-based cities,financial agglomeration was negatively correlated with green total factor productivity,but in the renewable resource-based cities,financial agglomeration was positively correlated with green total factor productivity.[Conclusion]In the process of planning financial resource agglomeration,local governments should take into account the degree of regional resource dependence and make policies

关 键 词：资源型城市 非资源型城市 资源依赖 金融集聚 绿色全要素生产率 面板门槛 中国 

分 类 号：F832[经济管理—金融学] F124.5