中国资本配置效率行业差异影响因素的实证研究被引量：22

Empirical Analysis on the Factors of Industry Difference of Capital Allocation Efficiency in China

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摘要本文以Jeffrey Wurgler资本配置效率模型为基础,通过构建门限回归模型,运用中国36个行业的面板数据实证分析了行业的产出水平、技术特质、市场结构、开放程度等因素对资本配置效率行业差异的影响。实证结果发现,行业的产出水平、技术特质、外资企业比重以及开放程度的提高均能显著地提高资本配置效率,而大中型企业比重的提高则会降低资本配置效率。同时,本文测算了这些影响因素指标的门限值。

作者张国富

机构地区东北财经大学

出处《中央财经大学学报》 CSSCI 北大核心 2010年第10期53-58,共6页 Journal of Central University of Finance & Economics

关键词资本配置效率行业差异门限回归

分类号 F123.9 [经济管理—世界经济]

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参考文献16

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