Abstract: Accelerating the development of new quality productivity is a decisive force in stimulating high quality development. The article uses panel data of 30 provinces in China from 2010 to 2022, and employs the fixed effects model to study the mechanism of government-guided funds on new quality productivity. At the same time, it tests the regulatory effect of the regional institutional environment. The paper has found that government-guided funds can promote new quality productivity through two intermediary effects: enhancing the intensity of industry university research cooperation and the ability to transform technological achievements; besides, the regional institutional environment has a positive regulatory effect on the relationship between government-guided funds and new quality productivity. Regional heterogeneity analysis shows that there are significant differences in the promotion effect of government-guided funds and the regulatory effect of the regional institutional environment; further research has found that government-guided funds can jointly promote the development of new quality productivity through guiding effects, in conjunction with social patient capital. The conclusion of the article can help local governments adapt to changes in the regional institutional environment, flexibly use government-guided funds, and promote the development of new quality productivity and high quality development.

Key words: New Quality Productivity, Government-Guided Funds, Regional Institutional Environment, High Quality Development

摘要： 采用2010—2022年我国内地30个省份的面板数据,使用固定效应模型研究政府引导基金对新质生产力的影响机制,并对地区制度环境的调节效应进行检验。研究发现,政府引导基金通过提高产学研合作强度和科技成果转化能力促进新质生产力发展,同时地区制度环境对政府引导基金与新质生产力之间的关系产生正向调节作用。区域异质性分析发现,东部地区的政府引导基金对新质生产力的促进作用和地区制度环境的调节效应与中西部地区之间存在明显差异。进一步研究发现,政府引导基金通过引导作用联合社会耐心资本共同促进新质生产力发展。研究结论有利于各地政府把握地区制度环境变化,灵活运用政府引导基金发展新质生产力,推进经济高质量发展。

关键词: 政府引导基金, 地区制度环境, 新质生产力, 高质量发展