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首页> 外文期刊>Journal of applied statistics >Fiscal decentralization, financial efficiency and upgrading the industrial structure: an empirical analysis of a spatial heterogeneity model
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Fiscal decentralization, financial efficiency and upgrading the industrial structure: an empirical analysis of a spatial heterogeneity model

机译:财政分权,金融效率与产业结构升级:空间异质性模型的实证分析

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摘要

From the perspective of spatial heterogeneity and using data from 281 prefecture-level cities in China over the 2003-2012 period, we empirically test the interactions and differences in the spatial effects through which fiscal decentralization and financial efficiency influence the upgrading of regional industrial structure. The results indicate that regional differences in fiscal decentralization and financial efficiency lead to significant spatial heterogeneity in upgrading the industrial structure. The interaction mechanism between fiscal decentralization and financial efficiency plays a positive role in promoting the upgrading of the regional industrial structure, which is subject to organic integration between fiscal systems and financial development. Moreover, there is significant spatial dependence in the effects of fiscal decentralization and financial efficiency on upgrading the regional industrial structure, the 'high-lying-land' effects and the 'low-lying-land' effects coexist in the spatial pattern.
机译:从空间异质性的角度,并使用2003-2012年间中国281个地级市的数据,我们以实证检验了财政分权和金融效率影响区域产业结构升级的空间效应的相互作用和差异。结果表明,财政分权和财政效率的区域差异导致了产业结构升级的显着空间异质性。财政分权与金融效率之间的相互作用机制在促进区域产业结构升级方面发挥了积极作用,而区域产业结构的升级取决于财政体系与金融发展之间的有机整合。此外,财政分权和金融效率对区域产业结构升级的影响存在很大的空间依赖性,“高地”效应和“低地”效应在空间格局中并存。

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