行政审批改革与企业专业化分工：理论机制与中国证据
何小钢 谭磊 曾为华
摘 要：推动企业间分工深化是畅通国民经济循环、构建全国统一大市场的关键路径与重要抓手。行政审批改革作为重塑政府与市场关系的关键制度安排，虽在打破地区间市场分割、疏通要素流动堵点等方面具有重要作用，但既往研究对其在推进全国统一大市场建设中的功能关注不足。本文借助我国逐步设立地级市行政审批中心的准自然实验，基于手工收集整理的中国工业企业数据，构建交错型双重差分模型深入探讨了行政审批改革对企业专业化分工的影响效果与作用机制。研究结果表明，行政审批改革显著提升了企业专业化分工水平。机制检验结果显示，行政审批改革能够发挥市场规模扩张效应和外部交易成本降低效应，从而促进企业间分工深化。异质性分析显示，行政审批改革对企业专业化分工的促进效果在营商环境较差和对外开放水平较低的城市、非国有和市场地位较低的企业中更显著。本文不仅从理论上补充和丰富了企业分工影响因素和行政审批改革效果评估的相关文献，还为继续推进行政审批改革和构建以国内大循环为主体的新发展格局提供了政策支持。
关键词：行政审批改革 专业化分工 市场规模 外部交易成本
Administrative approval reform and specialized division of labor in enterprises: theoretical mechanism and Chinese evidence
Xiaogang He Lei Tan Weihua Zeng
Abstract: Promoting the deepening of the division of labour among enterprises is a key path and an important tool for unclogging the national economic cycle and building a unified national market.As a key institutional arrangement for reshaping the relationship between the government and the market, the administrative approval reform plays an important role in breaking the inter-regional market segmentation and unclogging the blockage of factor flow, but previous studies have paid insufficient attention to its function in promoting the construction of a unified national market. With the help of a quasi-natural experiment of gradually setting up prefectural-level municipal administrative approval centres in China, this paper constructs a staggered double-difference model based on manually collected and collated data of Chinese industrial enterprises to explore the effect and mechanism of the administrative approval reform on the specialised division of labour in enterprises. The results of the study show that the administrative approval reform significantly improves the level of specialised division of labour in enterprises. Mechanism test results show that administrative approval reform can play the effects of market scale expansion and external transaction cost reduction, thus promoting the deepening of the division of labour among enterprises. Heterogeneity analysis shows that the promotion effect of administrative approval reform on the specialised division of labour among enterprises is more significant in cities with poorer business environment and lower level of openness to the outside world, and among enterprises that are non-state-owned and have lower market status. This paper not only theoretically complements and enriches the relevant literature on the factors influencing the division of labour among enterprises and the assessment of the effect of administrative approval reform, but also provides policy support for the continuation of the administrative approval reform and the construction of a new development pattern mainly based on the domestic macrocycle.
Keywords: Administrative Approval Reform Specialized Division of Labor Market Size External Transaction Costs
JEL Classification: D23 K42 L22
贝叶斯劝说与信息设计前沿：一个文献综述
余海晗 陈枫 叶航
摘 要：本文梳理了贝叶斯劝说与信息设计理论的发展历程与前沿应用。这一理论框架关注如何通过策略性的信息披露设计来影响其他人的决策，在不改变基本激励机制的前提下，优化资源配置、提升社会福利。首先，文章探讨了信息设计在市场环境中的应用，涵盖劳动力匹配市场、在线交易平台、外部融资市场和垄断市场。研究表明，通过巧妙的信息结构设计，可以影响市场参与者的决策，提高市场效率。其次，文章讨论了信息设计在组织管理中激励机制的应用。研究显示，信息设计可以在一定程度上解决在企业、教育、科研和比赛等不同情景下的的委托代理问题。随后，文章探讨了信息设计在金融监管、行政执法和安全防御中的应用。研究发现，通过策略性信息披露，监管机构可以更有效地控制风险、遏制违法行为并提升安全水平。此外，文章还介绍了信息设计在非工具性信息领域的应用，如娱乐产业中的悬念和惊喜设计。最后，文章对该领域的研究现状进行了评述，指出当前研究多集中于特定情景，未来需要在更一般化的框架下发展理论。
关键词：贝叶斯劝说 信息设计 博弈论 信息经济学
Bayesian Persuasion and Information Design: A Literature Review
Haihan Yu Feng Chen Hang Ye
Abstract: This paper reviews the developmental trajectory and cutting-edge applications of Bayesian persuasion and information design. This theoretical framework focuses on influencing the decisions of others through strategically designed information disclosure, with the aim of optimizing resource allocation and enhancing social welfare without altering the fundamental incentive structures. First, the article explores the application of information design in market contexts, covering labor matching markets, online trading platforms, external financing markets, and monopolistic markets. Research shows that through cleverly designed information structures, market participants' decisions can be influenced to improve market efficiency. Second, the article discusses the application of information design in incentive mechanisms within organizational management. Studies indicate that information design can, to some extent, address principal-agent problems in various contexts such as corporations, education, scientific research, and competitions. Subsequently, the article examines the use of information design in financial regulation, administrative law enforcement, and security defense. Research finds that through strategic information disclosure, regulatory bodies can more effectively control risks, deter violations, and enhance security levels. Additionally, the article introduces the application of information design in non-instrumental information domains, such as the design of suspense and surprise in the entertainment industry. Finally, the article provides a commentary on the current state of research in the field, noting that existing studies often focus on specific scenarios and calling for future theoretical development within a more generalized framework.
Keywords: Information Design Bayesian Persuasion Economics of Information
JEL Classification: D01 D02 D82 D89
数据驱动型并购的反竞争效应及其反垄断规制——以大数据杀熟行为为例
郭晓玲 刘雯雯 邓梦苑 张欣
摘 要：由数据驱动的发展模式所带来的大数据杀熟等反竞争行为备受关注，本文通过构建两阶段Hotelling博弈模型和数值模拟方法比较分析数据驱动型并购的反竞争效应对平台企业市场利润以及福利水平的影响。研究表明：第一，当市场中的平台企业均实施大数据杀熟行为时会损害市场产品或服务的质量水平，限制商品的高质量发展；第二，平台在实施数字并购后无论是否采取差异化定价均会显著提高市场势力，甚至会超过50%；第三，在平台企业价格竞争之中，平台企业均实施统一定价有助于提升消费者福利与社会总福利，而均实施差异化定价将会不利于消费者福利与社会总福利。此外，用户数据以及数据分析能力在平台企业市场竞争中发挥重要的作用，是影响平台企业是否进行差异化定价的关键因素。本研究结论为相关政府部门在对平台并购的规制与治理方面提供有益参考。
关键词：数据要素 数据驱动型并购 反竞争效应 大数据杀熟 福利效应
Anti-Competitive Effects of Data-Driven Mergers and Their Antitrust Regulation--Taking Big Data Killing Behavior as an Example
Xiaoling Guo Wenwen Liu Mengyuan Deng Xinyu Zhang
Abstract: The anti competitive behavior brought about by the data-driven development model, such as big data killing, has attracted much attention. This article compares and analyzes the impact of the anti competitive effects of data-driven mergers and acquisitions on the market profits and welfare levels of platform enterprises through the construction of a two-stage Hotelling game model and numerical simulation methods. Research has shown that, firstly, when all platform enterprises in the market implement big data to kill mature products, it will damage the quality level of market products or services and limit the high-quality development of goods; Secondly, after implementing digital mergers and acquisitions, platforms will significantly increase their market power, even exceeding 50%, regardless of whether they adopt discriminatory pricing; Thirdly, in the price competition among platform enterprises, implementing unified pricing can help improve consumer welfare and overall social welfare, while implementing discriminatory pricing will be detrimental to consumer welfare and overall social welfare. In addition, user data and data analysis capabilities play an important role in the market competition of platform enterprises, and are key factors affecting whether platform enterprises engage in discriminatory pricing. The conclusion of this study provides useful reference for relevant government departments in regulating and governing platform mergers and acquisitions.
Keywords: Data Elements Data-driven Mergers And Acquisitions Anticompetitive Effects Big Data Kills Welfare Effects
JEL Classification: L41 D43 L50
技术赋能与创新跃迁：智能制造试点如何提升企业创新质量
李聪 李菲菲 曹鸿杰
摘 要： 智能制造通过技术赋能与流程优化，为企业提升创新质量、构建核心竞争力提供了新的驱动力。本文利用2007-2023年中国A股上市公司数据，采用多重差分模型，以中国智能制造试点示范项目为准自然实验，系统考察智能制造试点示范项目对企业创新质量的影响效应及内在机制。研究结果表明， 智能制造示范项目的实施能够显著提升企业创新质量。机制分析显示，智能制造主要通过优化企业资源配置效率、改善人力资本结构和强化内部控制水平提升企业创新质量。异质性分析表明，在成长期、成熟期企业和高科技行业企业中，智能制造对创新质量的提升作用更显著。 本文的研究为智能制造试点示范项目的优化与推广提供了理论依据，为企业实现创新突破和经济高质量发展提供了实践启示。
关键词：智能制造 创新质量 资源配置效率 人力资本结构 内部控制水平
Technology Empowerment and Innovation Leap: How to Improve the Quality of Enterprise Innovation in Intelligent Manufacturing Pilots
Cong Li Feifei Li Hongjie Cao
Abstract: Intelligent manufacturing, through technological empowerment and process optimization, provides a new driving force for the innovation quality of enterprises and helps enterprises build their core competitiveness. This paper uses the data of Chinese A-share listed manufacturing companies from 2007 to 2023, employs the difference-in-differences model, takes China's intelligent manufacturing pilot demonstration project as a quasi-natural experiment, and systematically examines the impact effect and internal mechanism of the intelligent manufacturing pilot demonstration project on the innovation quality of enterprises. The research results show that the implementation of the intelligent manufacturing demonstration project can significantly improve the innovation quality of enterprises. The mechanism analysis reveals that intelligent manufacturing mainly enhances the innovation quality of enterprises by improving the efficiency of enterprise resource allocation, optimizing the structure of human capital, and strengthening the level of internal control. The heterogeneity analysis indicates that in enterprises in the growth and mature stages, as well as in high-tech industries, intelligent manufacturing has a more significant effect on improving the innovation quality. The research of this paper provides a theoretical basis for the optimization and promotion of the intelligent manufacturing pilot demonstration project, and offers policy implications for enterprises to achieve innovation breakthroughs and high-quality economic development in the fierce market competition.
Keywords: Intelligent Manufacturing Quality of Innovation Resource Allocation Efficiency Human Capital Internal Controls
JEL Classification：O31 O38
科技金融发展何以有效提升区域创新绩效？
——基于2011~2022年我国省级面板数据的经验证据
殷金朋 杨雅茹 李昕蔚 万致诚
摘 要：多层次、全覆盖的科技金融发展体系是推动创新驱动发展战略的重要引擎。本文基于2011~2022年我国省级面板数据，运用双向固定效应模型、门槛效应模型等，实证检验了科技金融发展对我国区域创新绩效的影响效应和作用机制，并进一步分析了金融分权的门槛效应。研究表明：科技金融发展显著促进了区域创新绩效的提升，且经过内生性问题处理等一系列稳健性检验后该结论依然成立；异质性分析发现，该影响效应在中西部地区、经济发展水平较高的地区、信息基础设施良好的地区以及科技金融政策试点地区更加明显；进一步分析发现，科技金融发展促进区域创新绩效主要通过产业结构转型升级、创业活跃度提高、科技企业创新偏好增强来实现；并且当金融适度分权时，科技金融发展对区域创新绩效的促进作用得到了强化，但金融过度分权不利于该促进作用的有效发挥。本文的研究结论对更好地发挥科技金融发展的区域创新绩效提升效应具有重要意义。
关键词： 科技金融发展 区域创新绩效 金融分权
How Does the Development of the Technology Finance System Enhance Regional Innovation Performance? Empirical Evidence from Provincial Panel Data in China, 2011~2022
Jinpeng Yin Yaru Yang Xinwei Li Zhicheng Wan
Abstract: The multi-level and comprehensive advancement of the technology finance system acts as a pivotal driver for accelerating China’s innovation-driven development strategy. Based on provincial panel data from 2011 to 2022, this paper employs panel data two-way fixed effects model and a threshold regression model to empirically examine the impact and underlying mechanisms of technology finance system on regional innovation performance, and the threshold effects of financial decentralization. The results show that technology finance system significantly improves regional innovation performance, and this conclusion remains robust taking into account a series of robustness checks, including endogeneity, and others. Heterogeneity tests show that this positive effect is more pronounced in central and western regions, economically developed areas, regions with well-developed information infrastructure, and pilot zones for technology finance policies. Findings of the mechanism analysis reveal that the promotive mechanism is mainly realized through three mediating pathways: industrial transformation and upgrading, elevated entrepreneurial dynamism, and intensified innovation proclivity among high-tech enterprises. In addition, the positive effect of technology finance system is strengthened under moderate financial decentralization, whereas excessive decentralization weakens this relationship. These empirical insights offer critical policy implications for optimizing the technology finance system to foster regional innovation performance.
Keywords: Technology Finance System Regional Innovation Performance Financial Decentralization
JEL Classification: G20 O31 R11
长三角环境治理补偿机制研究——基于市场和政府的协同互补视角
李强 程立雪
摘 要：环境治理补偿体系可有效消除负外部性、调节主体间利益失衡，而科学构建这一体系是破解长三角环保压力加剧难题的核心。本文基于我国长三角地区2003—2022年地级市面板数据，从政府与市场二维视角构建了环境治理生态补偿、碳排放权交易及其协同机制的理论框架，并据此通过实证检验二者能否实现区域内环境污染问题的长效治理，研究发现：①长三角环境治理补偿机制具有显著的减排效应，其中，生态补偿政策短期成效显著，但缺乏长效性；碳排放权交易长期效果显著，但存在滞后性。②碳排放权交易和生态补偿政策组合减排效应显著，二者双管能够实现长三角环境污染的长效治理。③中介效应检验表明，单一政策分别通过影响工业发展、绿色金融和污染注意力降低环境污染水平，政策组合则通过降低传统能源消耗，即政府机制通过降低市场交易成本，市场机制通过价格信号弥补政府机制的财政依赖缺陷，两者协同降低传统能源消耗实现长效治理。因此，本文的政策启示是持续完善市场维度的补偿体系，并推进政府维度的协同监管，针对长三角区域内多重污染压力，构建差异性环境治理补偿策略。
关键词：长效治理 生态补偿 碳排放权交易 补偿机制
Research on the Compensation Mechanism for Environmental Governance in the Yangtze River Delta—A Dual Perspective of Market and Government
Qiang Li Lixue Cheng
Abstract: The environmental governance compensation system can effectively eliminate negative externalities and regulate interest imbalances among stakeholders. Addressing the increasing environmental pressure in the Yangtze River Delta is key to the rational construction of a compensation system. This paper is based on panel data from prefecture-level cities in China's Yangtze River Delta region from 2003 to 2022. It systematically examines pilot cases of ecological compensation and carbon emission trading in the Yangtze River Delta, constructing a two-dimensional theoretical framework of environmental governance from both governmental and market perspectives—ecological compensation, carbon emission trading, and their synergy. Subsequently, empirical tests are conducted to verify whether these mechanisms can achieve long-term governance of regional environmental pollution issues.The findings are as follows:① The environmental governance compensation mechanism shows significant emission reduction effects, with ecological compensation policies demonstrating immediate short-term results but lacking sustainability; while carbon trading exhibits long-term efficacy but with delayed impacts. ② The combined use of carbon trading and ecological compensation policies achieves substantial emission reductions, proving synergistic governance through dual approaches. ③ Mediation effect analysis reveals that individual policies reduce pollution through industrial development, green finance, and pollution awareness, whereas policy combinations lower traditional energy consumption. Government mechanisms reduce transaction costs, while market mechanisms compensate fiscal dependency through pricing signals. This synergy achieves sustainable governance. Policy implications emphasize continuous refinement of market-oriented compensation systems and enhanced government coordination. To address multiple pollution pressures in the Yangtze River Delta, differentiated environmental governance compensation strategies should be developed.
Keywords: Long-term Governance Ecological Compensation Carbon Emissions Trading Compensation Mechanism
JEL Classification: Q56 Q58