交通基础设施如何促进区域金融发展——基于广义运输成本传导机制的检验

江西财经大学学报 ›› 2021, Vol. 0 ›› Issue (1): 43-54.

交通基础设施如何促进区域金融发展——基于广义运输成本传导机制的检验

王梓利, 林晓言

北京交通大学经济管理学院,北京 100044

收稿日期:2020-07-01 修回日期:2020-08-25 出版日期:2021-01-25 发布日期:2021-01-19
通讯作者: 王梓利,北京交通大学博士生,主要从事区域经济与产业经济研究,联系方式wangzili_15@163.com。
作者简介:林晓言,北京交通大学教授,经济学博士,主要从事运输经济与产业经济研究。
基金资助:
国家社会科学基金重大项目“中国高铁经济理论解析框架及演化路径研究”（17ZDA084）

How Does Transportation Infrastructure Promote Regional Financial Development? A Test Based on the Transmission Mechanism of Generalized Transportation Costs

WANG Zi-li, LIN Xiao-yan

Beijing Jiaotong University, Beijing 100044, China

Received:2020-07-01 Revised:2020-08-25 Online:2021-01-25 Published:2021-01-19

摘要/Abstract

摘要： 运用1997—2017年省级面板数据,探讨交通基础设施对区域金融发展的影响。完善交通基础设施的作用表现在旅行时间节约效应与货运成本降低效应两方面,通过Han-Philips动态空间计量模型进行实证检验,认为两者对金融发展规模与效率均存在积极显著的作用,而前者的影响程度高于后者。基于中介效应模型,发现交通对区域金融发展存在四种影响机制：基于旅行时间节约产生的学习共享机制与人力资源匹配机制,基于货运成本降低的市场潜能扩张与产业集聚机制。上述四种机制对金融规模与金融效率的影响在不同空间条件下存在差异：对金融规模而言,学习共享机制与人力资源匹配机制在位置相邻或经济距离相近地区更为显著,地理距离相邻的作用更多体现在市场潜能扩张与产业集聚机制上;对于金融发展效率而言,四种机制在地理邻近地区的作用均更为显著。

关键词: 交通基础设施, 金融发展, 动态空间计量, 中介效应, 新经济地理学

Abstract: By using the provincial panel data from 1997 to 2017, this paper explores the impact of transportation infrastructure on regional financial developments. The function of improving transportation infrastructure is reflected in two aspects, i.e., the travel time saving effect and the freight cost reducing effect. The result of an empirical test with Han-Philips dynamic spatial econometric model suggests that both of them have a positive and significant effect on the travel time saving effect and freight cost reduction effect, and the impact of the former is stronger than that of the latter. Based on the mediating effect model, it is believed that there exist four impact mechanisms in regional finance development, i.e., the learning and sharing mechanism and the human resource matching mechanism that are based on travel time saving, and the market potential expansion and industrial agglomeration mechanism that are based on the reduction of freight costs. The impact of the above four mechanisms on financial scale and financial efficiency differs under different spatial conditions: as for financial scale, the learning and sharing mechanism and the human resource matching mechanism are more significant in regions with adjacent locations or short economic distances, while the effect of adjacent geographical distance is more reflected in the market potential expansion and industrial agglomeration mechanism; as for financial development efficiency, the four mechanisms all have more prominent effect in geographically adjacent areas.

Key words: transportation infrastructure, financial development, dynamic spatial econometrics, mediating effect, new economic geography

中图分类号:

F512.3

王梓利, 林晓言. 交通基础设施如何促进区域金融发展——基于广义运输成本传导机制的检验[J]. 江西财经大学学报, 2021, 0(1): 43-54.

WANG Zi-li, LIN Xiao-yan. How Does Transportation Infrastructure Promote Regional Financial Development? A Test Based on the Transmission Mechanism of Generalized Transportation Costs[J]. Journal of Jiangxi University of Finance and Economics, 2021, 0(1): 43-54.

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