CAJ | 학술논문

在新古典模型中，开放资本账户有效地推动了资源的国际问分配，使得发展中国家可以获得较低成本的资本流入，从而推动了该国投资的暂时性增加，带动经济增长，最终提高了该国人民的生活水平。经济学家们在这一理论思想的指导下，分别用横断面模型、政策实践观点和企业层面的实践考察了资本账户开放和经济增长之间的关系，其测定理论的研究显示出资本账户开放对资本成本、投资和经济增长有着巨大的影响。
재신고전모형중，개방자본장호유효지추동료자원적국제문분배，사득발전중국가가이획득교저성본적자본류입，종이추동료해국투자적잠시성증가，대동경제증장，최종제고료해국인민적생활수평。경제학가문재저일이론사상적지도하，분별용횡단면모형、정책실천관점화기업층면적실천고찰료자본장호개방화경제증장지간적관계，기측정이론적연구현시출자본장호개방대자본성본、투자화경제증장유착거대적영향。
Capital account liberahzation leads capital to flow freely among countries. In the neo - classical model, Capital account liberalization effectively promote the international allocation of resources and make developing countries to obtain a lower cost of capital inflow, and promote the temporary increase of investment in their countries, stimulate economic growth and ultimately increase their people＇ s living standards. In this theory thinking guidance, Economists analyses the relationship between capital account hberalization and economic growth respectively with the cross- sectional approach, the pohcy- experiment approach and the firm - level perspectives. Economists＇ determination theory research shows that capital account liberalization has great impact on the cost of capital, investment and economic growth.