【摘要】 本文运用动态随机前沿模型,测算了京津冀城市群13个城市2010—2018年的金融服务实体经济效率及其发展变化情况,并用"一步法"对相关影响因素进行了分析。研究表明,京津冀城市群金融服务实体经济效率均值偏低,大致呈"M"型变化趋势;金融服务实体经济的效率与政府干预、融资结构优化、技术创新显著正相关,但与金融业人力资源投入呈负相关。建议政府"因地施策"、减少金融业人力投入、深化金融市场改革、并促进技术创新和金融开放。更多还原

【Abstract】 By using dynamic stochastic frontier method, this paper estimates the efficiency of finance supports for real economy in Beijing-Tianjin-Hebei 13 cities from 2010 to 2018, and carries out the empirical research on the relevant influencing factors. The results indicate that the overall efficiency value is low, showing a “M” type change trend roughly. The efficiency of financial support for the real economy is significantly positively related to government intervention, financing structure optimization and technological innovation, but negatively correlated with human capital investment in the financial industry. Government should “govern according to the local conditions”, reduce the manpower input in the financial industry, deepen the reform of the financial market, and promote technological innovation and financial opening.更多还原