金融发展对出口结构影响的理论探析

全球金融危机对中国的出口贸易产生严重冲击,中国对外贸易模式及出口结构的转型迫在眉睫,然而金融发展的相对落后是制约中国贸易结构调整与贸易模式转型的重要因素。文章借鉴Ju和Wei封闭情形下的基本架构,构建了两部门一般均衡分析框架,认为金融发展水平的提高能够降低企业的融资约束,进而导致资本密集型行业产品的相对价格下降,促进该行业产出乃至出口增加。因此,金融发展水平的提高会促进一国出口结构的调整与升级。

Theoretical Analysis of the Impact of Financial Development on Export Structure

As the Global financial crisis has seriously influenced the export of China, the transition of China＇s trade pattern and export structure is extremely urgent; but the relatively underdeveloped financial system is the key restraint factor of the adjustment and transition of China＇s trade structure and trade pattern. This paper built a general equilibrium of two division model based on the close basic structure of Ju and Wei. The conclusion indicates that the improvement of financial development level could reduce the financing restraint of firm, then the price of the capital intensive industry could relatively decline,and the export of this industry would increase. Consequently, the improvement of financial development level could promote the adjustment and upgrade of the country＇s export structure.