摘要
制造业是一个国家竞争力的基础，但近年来我国制造业企业的制造业收入占其营业总收入的比例逐年下降，“制造业不制造”现象越发突出。本文利用2004～2013年间的数据对制造业企业是否专注于制造业进行了研究。结果显示，除宏观经济因素外，债务负担是迫使制造业企业转向非制造业领域的一个重要原因。
Manufacturing is the basis of the country competitiveness, but in recent years, the manufacturing income to revenue ratio has been falling in the manufacturing enterprises in China. In this paper, whether manufacturing enterprises still focus on manufacturing is studied using the data between 2004 and 2013. The results indicate that the debt burden is an important reason for the manufacturing enterprises switching to other industries.
出处
《投资研究》
2016年第2期140-148,共9页
Review of Investment Studies
关键词
制造业
债务负担
企业转型
Manufacturing
Debt burden
Enterprise transformation
