经济理论与经济管理

• 企业与组织研究 • 上一篇    

新常态背景下中国上市公司效率空间效应分析*

宋文飞   

  1. 陕西师范大学西北历史环境与经济社会发展研究院
  • 出版日期:2018-05-16 发布日期:2018-05-22
  • 基金资助:
    本文得到陕西师范大学中央高校基本科研业务费项目(16SZYB38)、国家社会科学基金重大项目(12&ZD072)、国家自然科学基金资助项目(71273209)的资助。

ANALYSIS ON THE EFFICIENCY SPACE EFFECT OF CHINESE LISTED COMPANIES UNDER THE NEW NORMAL BACKGROUND

SONG Wenfei#br#   

  1. Northwest Institute of Historical Environment and SocioEconomic Development,Shaanxi Normal University
  • Online:2018-05-16 Published:2018-05-22

摘要: 经济新常态下区域市场分割带来的空间结构问题需要重视。本文以A股上市公司2006—2015年空间面板数据为样本,实证研究了上市公司效率的空间效应。研究发现:中国上市公司效率呈“倒U型”的增长特征;上市公司效率空间效应总体表现为“负向溢出效应”;东部地区和国有上市公司效率提升存在市场化、产业结构和利润率“悖论”;上市公司效率的空间效应具有非线性异质性特征;上市公司效率空间效应存在市场化空间耦合问题;国有、东部地区及全国上市公司效率空间效应与产业结构具有“倒U型”的空间耦合特征。

关键词: 上市公司 , 新常态 , 技术效率 , 空间效应

Abstract: The spatial structure problem caused by regional market segmentation under the new normal economy raises more attentionBased on the spatial panel data from 2006 to 2015,this paper finds that the efficiency of listed companies is “inverted U” typeThe space efficiency of listed companies has negative spillover effectThere is a paradox of marketization,industrial structure and profit margin in the efficiency promotion of the eastern and stateowned listed companiesThe spatial effect of the efficiency of listed companies has the characteristics of nonlinear heterogeneity,which is coupling with market efficiency in the space efficiency effect of listed companiesThe space efficiency effect of the eastern and stateowned listed companies has characteristics of “inverted U” type in the spatial coupling with industrial structure

Key words: listed companies , new normal , technical efficiency , spatial effect