摘要
本文首先对比我国东部和中部地区中小板上市企业在股票融资总额及三次产业分布间的地区差异,然后采用2006—2011年数据,分析我国东部和中部地区中小板上市企业股票融资对各地区产业升级的影响。实证结果表明,提高东部和中部地区中小上市企业股票融资水平能促进地区产业升级,而且中小企业股票融资对中部地区产业升级的影响远大于对东部地区产业升级的影响。在对这些结论进行深层次分析的基础上,本文就如何实现我国经济增长转型和产业结构优化升级提出了相应政策建议。
Abstract：This paper is aimed to discuss the impact of SMEs ~ equity financing on China＇s industrial upgrading. After comparing the amount and differential distribution between industries of SMEs＇ equity financing in eastern and midland China, the authors analyze the effect of SMEs＇ equity financing in those regions on their industrial upgrading using data from 2006 to2010. The results show that SMEs＇ equity financing in both regions can promote their own industrial upgrading under 5 % critical significance, and the impact on midland is larger than that on eastern China. Finally, some policy recommendations are proposed in light of the above analysis.
出处
《财贸经济》
CSSCI
北大核心
2012年第10期74-81,共8页
Finance & Trade Economics
基金
国家自然科学基金项目“股票融资、股市周期与产业结构升级研究”(编号:71063004)的阶段性成果
关键词
股票融资
债务融资
产业结构升级
Equity Financing, Debt Financing, Industrial Upgrading
