金融发展影响我国中小企业出口规模的实证研究

基于2001—2013年我国30个省市面板数据，从金融规模、金融结构和金融效率3个角度，详细探究了金融发展与我国中小企业出口规模的关系以及影响效应。结果表明：金融规模对中小企业出口规模扩张存在显著的负向影响，金融结构对中小企业出口规模扩张产生促进作用，而金融效率指标对中小企业出口的影响不显著；政府财政支出和外商直接投资显著促进中小企业出口活动，基础设施水平一定程度上抑制了中小企业出口活动。

Empirical Study on Impact of Financial Development to Export Scale of Small and Medium-Sized Enterprises in China

Based on the 2001—2012 panel data of 30 provinces in Chinese mainland,we explored the real effects that the financial development to the export of small and medium-sized enterprises-from the three angles of financial scale,financial structure and financial efficiency in China.The results show that:financial scale has a significant negative impact on the expansion of the scale of export.Financial structure has a positive effect on the export of small and medium-sized enterprises.And financial effi-ciency has no significant impact on export of small and medium-sized enterprises.In addition,the gov-ernment financial expenditure and foreign direct investment have significantly promoted the export of small and medium-sized enterprises.But the infrastructure,to a certain extent,inhibits the export.