财经研究
財經研究
재경연구
The Study of Finance and Economics
2013年
5期
4~16
,共null页
市场化进程 创新效率 资源配置效率 技术进步 行业差异
市場化進程 創新效率 資源配置效率 技術進步 行業差異
시장화진정 창신효솔 자원배치효솔 기술진보 행업차이
marketization process; innovation efficiency; resource al-location efficiency; technology progress; industry difference
文章利用中国高技术产业1995—2010年的面板数据,采用Malmquist指数对高技术产业创新效率及其分解——资源配置效率和技术进步等进行了测算。在考虑市场势力和企业规模等因素之后,文章运用动态面板GMM方法实证考察了市场化进程对创新效率的影响及行业差异。研究发现,市场化程度的提高既优化了高技术产业的资源配置,又促进了技术进步,进而提高了创新效率,且入世后这种促进作用更大;行业特征影响着市场化进程对高技术产业创新效率的提升效果,在技术密集度较低、外向度较高的行业中,市场化进程对创新效率的积极影响更大。此外,企业规模和经济绩效也是高技术产业创新效率的影响因素,而市场势力与创新效率却存在倒U形关系。
文章利用中國高技術產業1995—2010年的麵闆數據,採用Malmquist指數對高技術產業創新效率及其分解——資源配置效率和技術進步等進行瞭測算。在攷慮市場勢力和企業規模等因素之後,文章運用動態麵闆GMM方法實證攷察瞭市場化進程對創新效率的影響及行業差異。研究髮現,市場化程度的提高既優化瞭高技術產業的資源配置,又促進瞭技術進步,進而提高瞭創新效率,且入世後這種促進作用更大;行業特徵影響著市場化進程對高技術產業創新效率的提升效果,在技術密集度較低、外嚮度較高的行業中,市場化進程對創新效率的積極影響更大。此外,企業規模和經濟績效也是高技術產業創新效率的影響因素,而市場勢力與創新效率卻存在倒U形關繫。
문장이용중국고기술산업1995—2010년적면판수거,채용Malmquist지수대고기술산업창신효솔급기분해——자원배치효솔화기술진보등진행료측산。재고필시장세력화기업규모등인소지후,문장운용동태면판GMM방법실증고찰료시장화진정대창신효솔적영향급행업차이。연구발현,시장화정도적제고기우화료고기술산업적자원배치,우촉진료기술진보,진이제고료창신효솔,차입세후저충촉진작용경대;행업특정영향착시장화진정대고기술산업창신효솔적제승효과,재기술밀집도교저、외향도교고적행업중,시장화진정대창신효솔적적겁영향경대。차외,기업규모화경제적효야시고기술산업창신효솔적영향인소,이시장세력여창신효솔각존재도U형관계。
Based on the panel data of high-tech industries in China from 1995 to 2010, this paper employs the Malmquist index to measure the inno- vation efficiency and its decomposition, namely resource allocation efficiency and technology progress, in high-tech industries. Taking market power and firm size into account, it uses dynamic panel GMM method to empirically ex- plore the effect of marketization on innovation efficiency and its industry differences. The results show that the increase in the degree of marketiza- tion not only optimizes the resource allocation in high-tech industries, but also promotes technology progress, thereby leading to the rise in innovation efficiency, especially after the entry into WTO; and industry characteristics affect the positive effects of marketization on innovation efficiency in high-tech industries; the positive effect of marketization on innovation efficiency is larger in industries with low technology intensity and high degree of export orientation. In addition, firm size and economic performance are also the factors influencing inno- vation efficiency in high-tech industries, and there is an inverted U-shaped rela- tionship between market power and innovation efficiency.