CAJ | 학술논문

讨论财政支出的跨区溢出效应对于财政体制的设计以及区域经济发展意义重大。本文在以往研究的基础上，采用空间面板Durbin模型，实证研究了武汉城市圈内各地财政支出的空间外溢效应对区域经济增长的影响，圈内成员经济的空间互动性质以及其他经济变量的空间效应。研究结果表明，城市圈内财政支出尤其是生产性支出的空间溢出对区域经济有积极的促进作用；圈域内经济增长有显著的相互促进的空间关系；经济开放程度、外商直接投资以及储蓄率等对圈域经济增长有溢出效应。
토론재정지출적과구일출효응대우재정체제적설계이급구역경제발전의의중대。본문재이왕연구적기출상，채용공간면판Durbin모형，실증연구료무한성시권내각지재정지출적공간외일효응대구역경제증장적영향，권내성원경제적공간호동성질이급기타경제변량적공간효응。연구결과표명，성시권내재정지출우기시생산성지출적공간일출대구역경제유적겁적촉진작용；권역내경제증장유현저적상호촉진적공간관계；경제개방정도、외상직접투자이급저축솔등대권역경제증장유일출효응。
Spillover effect of public spending plays an important role in fiscal system design and regional economic devel-opment. Based on the existing literature, the paper applies the spatial panel Durbin model to empirical analysis of spillover effect of fiscal spending on regional economic growth on a Wuhan Urban Circle case and analysis of spatial interaction of e-conomic growth between city members. The results show, firstly, fiscal spending, especially productive spending category has positive spill-over effect on growth. Secondly, economic growth is spatially interactive between cities. Thirdly, other variables, e.g. openness, FDI, saving rate have spillover effect on regional economic growth.