华东经济管理
華東經濟管理
화동경제관리
EAST CHINA ECONOMIC MANAGEMENT
2015年
2期
5-10
,共6页
财政支出竞争%经济增长%门限面板
財政支齣競爭%經濟增長%門限麵闆
재정지출경쟁%경제증장%문한면판
fiscal expenditure competition%economic growth%threshold panel
文章通过总结前人研究成果,提出财政支出竞争对经济影响的门限理论假说,并基于1997-2013年中国各省份的现实数据,利用门限面板模型进行实证检验。结果表明,财政支出竞争对经济的影响存在显著的门限效应,当地方经济发展处于较低水平时,财政支出竞争的负效应高于正效应,对经济增长显示出一定的抵制作用;当地方经济发展处于中、高水平时,财政支出竞争的正效应大于负效应,有利于经济增长。
文章通過總結前人研究成果,提齣財政支齣競爭對經濟影響的門限理論假說,併基于1997-2013年中國各省份的現實數據,利用門限麵闆模型進行實證檢驗。結果錶明,財政支齣競爭對經濟的影響存在顯著的門限效應,噹地方經濟髮展處于較低水平時,財政支齣競爭的負效應高于正效應,對經濟增長顯示齣一定的牴製作用;噹地方經濟髮展處于中、高水平時,財政支齣競爭的正效應大于負效應,有利于經濟增長。
문장통과총결전인연구성과,제출재정지출경쟁대경제영향적문한이론가설,병기우1997-2013년중국각성빈적현실수거,이용문한면판모형진행실증검험。결과표명,재정지출경쟁대경제적영향존재현저적문한효응,당지방경제발전처우교저수평시,재정지출경쟁적부효응고우정효응,대경제증장현시출일정적저제작용;당지방경제발전처우중、고수평시,재정지출경쟁적정효응대우부효응,유리우경제증장。
Based on summarizing the results of previous studies,this paper proposes a threshold theory hypothesis of the im?pact of fiscal expenditure competition on the economy, and applies the threshold panel model to make an empirical test on the hypothesis by using the realistic data of Chinese provinces from 1997 to 2013. The results show that there are significant threshold effects of fiscal expenditure competition on the economy. In the areas with low economic development level,the neg?ative effect of fiscal expenditure competition are higher than the positive effects, and show some inhibition on economic growth. In the areas with medium or high economic development level,the positive effect of fiscal expenditure competition is greater than its negative effects,which is conducive to economic growth.