我国新能源产业发展的金融支持研究——基于上市公司2003～2012的数据

新能源产业是我国重点扶持的战略性新兴产业，如何通过金融支持促进新能源产业发展是当前亟需解决的问题。本文首先总结并归纳了国内外学者对于金融支持产业发展问题的研究，对金融支持新能源产业发展做了机理分析。然后选取了20家以新能源为概念的上市公司2003～2012年的财务数据，运用因子分析法提取出衡量新能源产业发展水平的综合指标，并与衡量金融发展的相关指标构建面板数据模型。实证结果表明，金融规模扩大、金融效率的提高以及金融结构的改善均能促进新能源产业的发展；此外，政府的相关职能及政策手段也可以对新能源产业的发展起到促进作用。最后，本文依据实证分析的结果，提出了优化金融支持的相关对策。

Research on the Coordinated and Orderly Development of China's ERE Composited System in the Perspective of Entropy

Based on three dimension of economy system,resources system and environment system,this paper establishes ERE composited system order degree evaluation indexes and employs grey relation entropy model to calculate Chinas 30 provinces order degree in ERE composited system and its combination of two elements in 2000-2012.Then the paper deeply analyzes the coordination and order development levels of each combination from two perspectives of sequence evolution and spatial variation.Results show that:in terms of temporal evolution,the order degree of ERE composited system is overall low in our country,and the grey relation entropy keeps in hovered fluctuations around 0103-0353 within a narrow degradation trend.The order degree decreases by 581% than the beginning and the frequency of entropy changes is opposite bigger.Both economy-resources system and economy-environment system show similar features in which the order value respectively decreases by 766% and 902%.While in resources-environment system,the value shows a volatility rise by 268% and its entropy changes frequency is more stable,leading to its transformation from relative disorder to relative order.In terms of spatial variation,spatial distribution balance in ERE composited system increases and spatial agglomeration level becomes lower in volatility between 0046 and 0022.But absolute gaps of order degrees between regions are quite not optimistic.Among them,Zhejiang province,as the highest order degree region,is 2024 times higher to the minimum order degree of Yunnan,with very significant polarized characteristics.By 2012,order degree in ERE composited system generally distributes in rundle:the east is the highest,the middle comes second,and the west is the lowest.But some western provinces still present high level coordination in ERE composited system,such as Ningxia and Qinghai,etc.