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地方政府干预与全要素生产率——基于资源错配视角
Local Government Intervention and Total Factor Productivity:From the Perspective of Resource Mismatch
【摘要】 经济发展过程中难以避免资源错配,而减少资源错配是提高全要素生产率的关键。基于2007—2018年中国258个地级市的面板数据,采用固定效应分析方法考察了资源错配视角下政府干预对全要素生产率的影响。研究表明:整体上,资本错配和劳动力错配会严重阻碍全要素生产率的提升,而地方政府干预对全要素生产率不仅具有U形的直接影响,还具有通过减少资源错配促进全要素生产率的间接影响;分地区来看,东部地区政府干预能通过减少资本错配的间接效应促进全要素生产率提升,中部地区政府干预能通过直接和间接两种效应促进全要素生产率提升,西部地区政府干预能通过直接效应促进全要素生产率提升。通过门限分析还发现,政府干预对资源错配影响全要素生产率存在一重门限效应,当政府干预强度小于门限值时,资源错配对全要素生产率的抑制作用会得到明显改善,反之则会增大资源错配对全要素生产率的负向影响。
【Abstract】 It is difficult to avoid resource mismatch in the process of economic development, and reducing resource mismatch is the key to improve total factor productivity. Based on the panel data of 258 prefecture-level cities in China from 2007 to 2018, this paper uses the method of fixed effect analysis to investigate the impact of government intervention on total factor productivity from the perspective of resource mismatch.The research shows that capital mismatch and labor mismatch will seriously hinder the improvement of total factor productivity as a whole, while local government intervention not only has a U-shaped direct impact on total factor productivity. It also has an indirect impact on total factor productivity by reducing resource mismatch. From a regional point of view, government intervention in the eastern region can promote the improvement of total factor productivity by reducing the indirect effects of capital mismatch, while government intervention in the central region can promote total factor productivity through both direct and indirect effects. Government intervention in the western region can promote total factor productivity through direct effects. Through threshold analysis, it is also found that government intervention has a threshold effect on the impact of resource mismatch on total factor productivity. When the intensity of government intervention is less than the threshold value, the inhibitory effect of resource mismatch on total factor productivity will be significantly improved. Otherwise, it will increase the negative impact of resource mismatch on total factor productivity.
【Key words】 Resource Mismatch; Regulating Effect; Government Intervention; Total Factor Productivity; Threshold Regression;
- 【文献出处】 经济经纬 ,Economic Survey , 编辑部邮箱 ,2023年02期
- 【分类号】D630;F124
- 【下载频次】440