摘要
作为金融赋能实体经济的重要环节,金融科技的发展为地区贸易高质量发展注入了新动能。基于2008—2016年中国城市面板数据,可对城市金融科技发展对出口产品质量提升的影响及作用机制进行实证分析。研究发现,金融科技发展能通过改善融资约束、纠正金融错配、提高创新能力、刺激消费需求,促进城市出口产品升级。异质性分析表明,金融科技对城市出口产品质量提升的促进作用在距离港口较近、市场一体化程度较高及商业信用环境较优的样本中更明显。调节效应分析发现,结合有效市场与有为政府的金融监管有助于强化金融科技对城市出口质量提升的促进作用。研究结论强调科技驱动下的金融创新对中国城市出口质量升级的重要性,对促进金融服务贸易高质量发展具有启示意义。
The development of financial technology(Fintech),as a crucial channel for empowering the real economy,injects new momentum into the high-quality growth of regional trade.Based on panel data of Chinese cities from 2008 to 2016,this study empirically analyzes the impact and underlying mechanisms of urban Fintech development on the improvement of export product quality.The research finds that Fintech development promotes the upgrading of urban export products by alleviating financing constraints,correcting financial mismatches,enhancing innovation capacity,and stimulating consumer demand.Heterogeneity analysis reveals that the positive effect of Fintech on export product quality is more pronounced in cities closer to ports,with higher levels of market integration,and superior commercial credit environments.Moderating effect analysis further indicates that financial regulation integrating effective market mechanisms with proactive government policies helps reinforce the positive role of Fintech in improving urban export product quality.The conclusions underscore the significance of Fintech-driven financial innovation in upgrading export quality in Chinese cities and provide insights into promoting high-quality development of financial services and trade.
作者
丁一兵
孙艺宁
DING Yibing;SUN Yining(China Center for Public Sector Economy Research,Jilin University,Changchun 130012,China;School of Economics,Jilin University,Changchun 130012,China)
出处
《上海大学学报(社会科学版)》
北大核心
2025年第4期80-99,共20页
Journal of Shanghai University(Social Sciences Edition)
基金
教育部重点研究基地重大项目(23JJD790006)
国家社会科学基金重点项目(23AGJ005)
吉林省教育厅科学研究项目(JJKH20250006BS)。
关键词
金融科技
出口产品质量
融资约束
金融错配
金融监管
Fintech
export product quality
financing constraints
financial mismatches
financial regulation
