摘要
依据1998年至2008年的数据,通过对中国银行业的市场竞争程度进行测度和考察银行业竞争程度对不同外部融资依赖程度的制造业部门的影响,得出结论:我国金融发展和银行业市场竞争程度的提高,有利于外部融资依赖度较高类型的制造业部门的发展,在短期内有利于产业发展和经济增长,但在长期内会导致资金和技术密集型制造业部门的资本深化,对产业结构和经济发展造成不利影响。这对调整和完善我国制造业部门的产业结构、调节和管理不同产业部门的资本需求、促进银行业市场结构健康发展具有重要的理论意义和实践意义。
By making use of the data from 1998 to 2008, this paper measures the degree of market competition in China＇s banking industry and analyzes the effect of banking competition on the manufacturing sector with different degrees of external financial dependence. The results indicate that the financial development and the improvement of banking market competition facilitate the development of the manufacturing sector with higher reliance on external financing activities. It is beneficial to the industrial development and economic growth in the short term, but in the long term it will lead to capital deepening in the capital and technology-intensive manufacturing sector, which will bring adverse effect on the industrial structure and economic development. Therefore, it has great significance both in theory and practise for the adjustment and perfection of the industrial structure of China＇s manufacturing sector, the regulation and management of capital requirements of different industrial sectors, and the promotion of the healthy development of the banking market structure.
出处
《当代财经》
CSSCI
北大核心
2010年第4期79-86,共8页
Contemporary Finance and Economics
关键词
外部融资依赖度
银行业竞争
制造业发展
经济增长
external financing dependence
banking competition
development of manufacturing industry
economic growth
