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5652文章以中国高端制造业出口和房地产投资匹配后的地区数据为样本，从供给端系统研究了高速增长的房地产投资对贸易强国建设的影响，并重点考察了其中的异质性特征与机制路径。结果表明，高速增长的房地产投资阻碍了贸易强国建设：房地产投资增速上升1%，制造业出口技术复杂度下降0.068%，数量规模下降0.019%。该阻碍作用在东部发达地区主要体现在出口技术复杂度上，而在中西部欠发达地区则表现在数量规模上。中介效应分析表明，技术溢出收窄和成本收益率降低是房地产投资阻碍贸易强国建设的重要路径。当然，文章通过内生性处理和稳健性检验严格保证了上述结论的科学有效性。据此，文章结合当前疫情冲击、中美摩擦等现实挑战，分别从继续优化房地产市场平稳健康发展的长效机制、支持实体部门纾困、落实贸易强国愿景和推动国内国际双循环等方面给出建议。
高速增长的房地产投资阻碍了贸易强国建设吗？——来自中国高端制造业出口数据的经验判断
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引用本文
王诗勇, 董敏凯, 王洪卫. 高速增长的房地产投资阻碍了贸易强国建设吗？——来自中国高端制造业出口数据的经验判断[J]. 上海财经大学学报, 2020, 22(5): 3-17.
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