技术创新对中国制造业产业结构升级的影响——基于融资约束的调节作用

摘要

Based on the theoretical analysis, this paper uses the regional panel data of China's manufacturing industry from 2003to 2016to investigate the impact of technology innovation on industrial structure upgrade in the role of financing constraint by the estimation methods, through introducing the interactive items of financing constraint and technological innovation.The results show as follows:without considering the financing constraint, technological innovation can significantly promote the development of China's manufacturing industry, but the existence of financing constraint will inhibit technological innovation activities and thus hinder the optimization and upgrading of industrial structure.%在理论分析的基础上,利用2003—2016年中国制造业的地区面板数据,通过引入融资约束与技术创新的交互项,运用多种估计方法考察了技术创新对中国制造业产业结构升级的影响过程,以及融资约束在其中的作用.结果表明:在不考虑融资约束条件的情况下,技术创新能够显著促进中国制造业的高度化发展;融资约束的存在会抑制技术创新活动,进而阻碍产业结构的优化升级.