部门投资异质性与中国经济增长的多重均衡——对中国“中等收入陷阱”动因的一个理论解释框架

发布时间：2018-04-09 02:10

本文选题：投资异质性　切入点：多重均衡　出处：《财经研究》2014年03期

【摘要】：与以往的研究不同,文章认为中等收入陷阱问题可看作是发展中国家经济增长过程中的一个特殊多重均衡现象,①因而可将中等收入陷阱问题置于标准的经济增长理论框架内加以考察。在将部门间投资的异质性引入Ramsey-Cass-Koopmans动态一般均衡模型后,文章首先从理论上给出了"个私投资"比例变化影响经济稳定均衡点,且更高的"个私投资"比例将导致经济处于更高稳定均衡点的命题。然后,文章在考虑理论模型证明与计量模型衔接,以及计量模型参数估计与统计推断有效性的基础上,利用一般VAR和SVAR的脉冲响应分析,对命题进行了实证检验。文章的一个重要意义是在已有研究结论与传统主流经济增长理论之间做了一个具有微观基础的"嫁接",从而使得这些研究结论具有了坚实的微观基础。
[Abstract]:Different from previous studies, this paper holds that the problem of middle-income trap can be regarded as a special multiple equilibrium phenomenon in the process of economic growth in developing countries.Therefore, the problem of middle income trap can be examined within the framework of standard economic growth theory.After introducing the heterogeneity of inter-sector investment into the Ramsey-Cass-Koopmans dynamic general equilibrium model, this paper first gives the theoretical point that the ratio of "private investment" affects the economic stability and equilibrium.And a higher proportion of private investment will lead to the proposition that the economy is at a higher stable equilibrium point.Then, on the basis of considering the convergence of theoretical model and econometric model, and the validity of parameter estimation and statistical inference of econometric model, the thesis makes an empirical test of propositions by using the impulse response analysis of general VAR and SVAR.An important significance of this paper is to make a "grafting" with microscopic basis between the existing research conclusions and the traditional mainstream economic growth theory, so that these conclusions have a solid micro basis.
【作者单位】：浙江理工大学经济管理学院;浙江大学经济学院;
【基金】：国家社科基金重点项目“跨越中等收入陷阱对策研究”(11AZD038) 浙江理工大学浙江省高校人文社科重点研究基地的资助
【分类号】：F830;F124;F224

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