科研管理

科研管理 ›› 2018, Vol. 39 ›› Issue (5): 38-45.

• 论文 • 上一篇    下一篇

土地财政对区域创新的影响研究——来自中国省际面板数据的证据

阎波1,武龙1,韩东伶1，程齐佳徴1,吴建南2   

  1. 1西安交通大学，陕西 西安710049； 2上海交通大学，上海200030
  • 出版日期:2018-05-20 发布日期:2018-05-21
  • 通讯作者: 吴建南
  • 基金资助:

    国家自然科学基金“问责机制何以奏效？面向公共部门政策执行的实证研究”（批准号：71473190，2015.1-2018.12）。

A study of the effects of land financing on regional innovation with the evidence of panel data from Chinese provincial governments

Yan Bo1, Wu Long1, Han Dongling1, Cheng Qijiazhi1, Wu Jiannan2   

  1. 1. Xi’an Jiaotong University, Xi’an 710049, Shaanxi, China; 
    2. Shanghai Jiao Tong University, Shanghai 200030, China
  • Online:2018-05-20 Published:2018-05-21

摘要： 本文以中国大陆31个省级政府2003-2011年间的面板数据，采用两阶段最小二乘法检验了土地财政对区域创新的影响。研究发现土地财政与区域创新之间具有显著的倒U型曲线关系，即土地财政的正外部性呈现边际递减而负外部性逐渐显现，对区域创新呈现出一种先促进、后抑制的作用。分析表明，该现象的根源在于地方政府在较强资源约束和目标压力下以及企业在创新风险和短期收益之间的理性选择。本研究为进一步从制度层面深入研究区域创新的影响因素和理解中国当前国家战略和公共政策执行提供了新的视角，对于推进全面深化改革、加快推动新型城镇化和实施创新驱动发展战略具有启示意义。

关键词: 土地财政, 区域创新, 政策执行, 地方政府, 改革

Abstract:  This paper investigates the effects of land financing on regional innovation by means of 2SLS regression analysis on the panel data from 31 provincial governments in China (2003-2011). The finding shows that there is a significant inverted U-curve relationship between land financing and regional innovation. It implies that the positive externality of land financing is decreasing while the negative externalities are emerging, so that land financing promotes regional innovation at the beginning but jeopardizes it in the end. These compound effects reflect the rational choices of local governments under strict resource constraints and strong and target pressures, and enterprises are also rational in pursuit of short-term profits and avoiding innovation risks. It highlights new perspectives for exploring the institutional antecedents of regional innovation and further understanding the cause-effect of policy implementation paradox in China, and it also provides implications for practitioners to promote comprehensive reforms, advance the new-type urbanization and implement innovation-led development strategy.

Key words: land financing, regional innovation, policy implementation, local government, reform