【摘要】 融资租赁是金融供给侧的重要组成部分,也是服务实体经济的重要途径;其行业发展呈现高速增长但发展水平较低、区域极度不平衡的同时向特定地区集聚的特点。基于2007—2017年省级面板数据,采用空间杜宾模型来考察融资租赁与区域创新之间的关系,结果显示:融资租赁存在空间集聚与溢出效应,对本地区和周边地区的创新产出均有明显的正向促进作用。融资租赁低集聚区域促进效应不显著,而高集聚区域具有显著性,说明空间集聚是创新效应显著性发生的重要原因,这是理解"融资租赁-创新"效应显著发生的关键。对高集聚区域进行Marshall效应和W illianson效应检验,发现过度集聚的W illianson拐点已出现。在此研究结论上提出建议:在低聚集区域,应坚持引导租赁企业空间集聚策略;而在高集聚地区,需要构建金融、信息、信用和人力资本的有机生态系统,充分挖掘融资租赁的集聚效应以延缓W illianson拐点。更多还原

【Abstract】 Financial leasing is an important part of the financial supply,and also an important way to serve the real economy.The development of financial leasing in China presents typical characteristics: high.speed growth but still at a low level of development,and extremely regional unbalanced and agglomeration to specific regions at the same time.Based on the provincial panel data from 2007 to 2017,this paper used the spatial Dubin model to examine the relationship between financial leasing and regional innovation.The results show that there are spatial agglomeration effect and spillover effect of financial leasing,it has a positive effect on the innovation output of the region and surrounding areas.The promotion effect of low concentration area of financial leasing is not significant,while that of high concentration area is significant,which shows that spatial agglomeration is an important reason for the significant occurrence of innovation effect.Through the M arshall effect and W illianson effect tests,the author find that the W illianson inflection point of excessive agglomeration has emerged.In view of this,this paper puts forward some policy suggestions as follows.It should adhered to the spatial agglomeration strategy of leasing enterprises in the low agglomeration areas,and build an an organic ecosystem which including of financial,information,credit and human capital to delay W illianson turning point in high aggregation regions.更多还原