摘要
基于世界投入产出数据库和全球金融发展数据库,利用跨国数据理论并实证考察了金融结构与制造业全球价值链分工地位之间的关系。结论如下:一是金融结构对制造业全球价值链分工地位和获利能力影响显著为正,结论在变换被解释变量、考虑内生性后依然稳健。二是金融结构对处在不同收入水平的国家和处在不同制造业价值链位置的国家分工地位和获利能力的提升作用存在较大异质性,异质性分析结果从侧面印证了佩蕾丝的四阶段模型中的金融资本与产业资本的互动关系。三是金融结构通过规模经济、研发创新和效率提升三个渠道影响制造业全球价值链分工地位和获利能力。
Based on the World Input-Output Database and the Global Financial Development Database,the relationship between financial structure and manufacturing global value chain division of labour status is examined theoretically and empirically using cross-country data.The conclusions are as follows.First,the effect of financial structure on the global value chain division of labour status and profitability of manufacturing is significantly positive,and the findings remain robust after changing the explanatory variables and considering endogeneity.Second,there is significant heterogeneity in the effect of financial structure on the division of labour and profitability of countries at different income levels and countries at different positions in the manufacturing value chain,and the results of the heterogeneity analysis confirm the interaction between financial and industrial capital in Perez’s four-stage model.Third,financial structure affects manufacturing global value chain division of labour status and profitability through three channels:economies of scale,R&D innovation and efficiency improvement.
出处
《求是学刊》
CSSCI
北大核心
2022年第1期56-71,共16页
Seeking Truth
基金
国家社科基金重大招标项目“中国特色社会主义政治经济学体系中的国家理论”(19ZDA057)
国家社科基金青年项目“高质量发展目标约束下资源型城市制造业绿色转型的机制与对策研究”(19CJL039)
国家社科基金一般项目“西部陆海新通道推动西部地区产业链水平提升的机制与路径研究”(21BJY059)。
关键词
金融结构
制造业全球价值链
分工地位
financial structure
manufacturing global
value chains
division of labour status
