摘要
本文运用空间面板计量方法研究了金融发展与中国技术创新之间的关系,实证研究结果表明:中国技术创新具有明显的空间相关性。非国有部门贷款/GDP对技术创新具有显著的正向影响;股票市场对技术创新的正向促进作用不明显;保险市场对技术创新具有较大的推动作用;科研经费投入和人力资本水平均是推动技术创新的主要因素;但是,FDI对我国技术创新具有显著的负向作用。
This paper analyses the relationship between the financial development and the technological innovation in China by spatial econometrics using panel data. The result of the empirical study shows that there is obviously a spa-tial correlation in the technological innovation. Loans to the non-state sector have a positive influence on technological innovation, but stock market has not. Insurance market has obviously promoted technological innovation. Scientific re-search funds and human capital are both the main factors promoting technological innovation. However, FDI has signif-icantly a negative effect in our country.
出处
《金融发展研究》
2013年第4期14-21,共8页
Journal Of Financial Development Research
基金
教育部"新世纪优秀人才支持计划"(NCET100978)
浙江省自然科学基金资助项目(Y6090644)
浙江工商大学现代商贸中心课题(11JDSM01Z)的研究成果
浙江金融职业学院省级优势专业(金融专业)研究成果
关键词
金融发展
技术创新
空间面板计量
financial development, technological innovation, spatial panel data
