金融生态环境质量的资金“洼地”效应——基于空间计量模型的检验

摘要

在理论上．金融生态环境的改善能够提高本地区对外来资本的吸引力，从而促进本地区的资本积累。本文以外商直接投资实际利用额作为外来资本的代理变量，基于中国分省面板数据，采用空间计量模型检验了金融生态环境质量的资金“洼地”效应。结果发现，金融生态环境的改善具有显著的资金“洼地”效应．并且实证结论具有稳健性。%In theory, improving financial ecological environment quality can make the region more attractive to foreign capital to promote regional capital accumulation.Using the actual use amount of FDI as foreign capital's an agent variable, based on China provincial panel data, this paper uses spatial econometric model to test financial ecological environment quali- ty's low-lying land effect on capital. The results show that improving financial ecological environment quality has significant low-lying land effect on capital, and the empirical conclusion keep robust.