Abstract: Based on the panel data of 30 provincial regions from 2007 to 2017, this paper uses the output-oriented DEA method to estimate the industrial capacity utilization rate in China, and applies the Tobit model to conduct an empirical study on the relationship between the characteristics of local officials, green credit and industrial overcapacity. The results show tha tthe development of green credit can effectively alleviate the current situation of China's industrial overcapacity. When green credit increases by 1%, the utilization rate of China's industrial capacity will increase by 0.22%. Compared with the eastern region, the green credit development in the central and western regions plays a stronger role in alleviating industrial overcapacity. Further research finds that the promotion effect of green credit on the utilization rate of industrial capacity will increase by 2.78% on average when the academic education of provincial governors goes up a “step”. In addition, the tenure of the provincial party secretary and the governor has no significant impact on green credit to improve industrial capacity utilization rate. Compared with local promotion, “parachuted”provincial governors can play a greater role in alleviating industrial overcapacity by green credit. However, if the governor breaches discipline while in office, the effect of green credit on industrial overcapacity could be limited.

Key words: Characteristics of Local Officials, Green Credit, Industrial Overcapacity, Industrial Capacity Utilization

摘要： 本文基于我国30个省级区域2007—2017年的相关面板数据,利用产出导向的DEA方法测算工业产能利用率,并采用Tobit模型实证研究绿色信贷、地方官员个人特征与工业产能过剩之间的关系。研究结果表明,绿色信贷有效缓解工业产能过剩,绿色信贷每增长1%,工业产能利用率将上升约0.22%;与东部地区相比,中西部地区的绿色信贷发展对工业产能过剩的缓解作用更强。进一步分析发现,省长的学历每上升一个“台阶”,绿色信贷对工业产能利用率的促进作用将平均上升约2.78%;省委书记和省长任职时间的长短对绿色信贷提升工业产能利用率的影响不明显。与本地晋升的官员相比,“异地空降”的省长更能发挥绿色信贷对工业产能过剩的缓解作用;省长在执政期间出现违纪情况,则会抑制绿色信贷对工业产能过剩的缓解作用。

关键词: 地方官员个人特征, 绿色信贷, 工业产能过剩, 工业产能利用率