摘要
基于路径依赖概念与新结构经济学,本文力图揭示互联网金融区域差异化发展格局的形成逻辑,并利用地级城市数据展开实证研究。文章认为,互联网金融是对传统金融的延续性创新,其发展的路径依赖性使得东部城市互联网金融总体领先发展,成为传统金融区域非均衡发展的逻辑结果。中西部传统金融欠发达地区面临互联网金融发展的路径依赖困局,但传统金融服务供给不足为互联网金融发展留下广阔的市场空间,由此奠定了这些地区的潜在比较优势。地方政府可以因势利导,着力破解人才短缺等硬约束,助推互联网金融在这些地区摆脱路径依赖的锁定,实现潜在比较优势。文章表明,虽然市场在资源配置中发挥决定性作用对保障互联网金融持续健康发展至关重要,但若缺乏传统金融的有力支撑,互联网金融"弯道超车"仍离不开"有为政府"与"有效市场"的良好协同。
Based on the concept of path dependence and new structural economics, this paper tries to reveal the logic of regional differences of internet finance development and carry out empirical researches with data from prefecture -level cities. Internet finance is sustaining innovation based on traditional finance, which results in path dependence. As a logical result of regional differences in traditional finance, eastern cities take the leading position in intemet finance in general. Mid -western areas where traditional finance is less developed are trapped in path dependence, however, these areas have potential comparative advantages in internet finance development, because insufficient supply of traditional financial services has left much broad market for internet finance development. Local governments in these areas can make the best use of the situation, and focus on alleviating the crucial constraints such as talent shortage, to promote these areas to get rid of the lock of path dependence and achieve the potential comparative advantages. This paper shows that, although it is crucial that market should play a decisive role in allocating resources for the sustainable and healthy development of internet finance, without strong supports from traditional finance, it is necessary for finance ＇achieving corner overtaking that an effective government works in good coordination with an efficient market.
出处
《金融研究》
CSSCI
北大核心
2017年第5期127-142,共16页
Journal of Financial Research
基金
国家社科基金特别委托项目(15@ZH065)
教育部人文社会科学研究规划基金课题(13YJA790138)
浙江省人文社科重点研究基地(浙江工商大学应用经济学)的资助
关键词
互联网金融
传统金融
路径依赖
政府干预
新结构经济学
Internet Finance, Traditional Finance, Path Dependence, Government Interference, NewStructural Economics
