CAJ | 학술논문

20世纪90年代中期之后，中国的基础设施存量迅猛增加，为中国的经济增长和社会发展作出了重要贡献。文章试图为理解中国的基础设施改善机制提供一个整合的理论和实证框架。研究表明：财政分权体制的确立与土地要素市场化改革的启动是促成中国基础设施起飞的关键条件。分权化经济治理模式所产生的辖区间竞争与土地融资创新分别历史性地改变了基础设施的投资需求和供给能力，尤其在城市部门。进一步，我们详细分析了显性和隐性土地财政与城市基础设施提供之间的理论逻辑，并运用资本存量法和实物存量法两种方法对相关假说进行了初步实证检验，1999～2007年的省际面板数据提供了某些支持性证据。本研究不仅有助于理解中国城市基础设施的增长，而且为理解以土地为中心的中国式分权体制提供了一个有益视角。
20세기90년대중기지후，중국적기출설시존량신맹증가，위중국적경제증장화사회발전작출료중요공헌。문장시도위리해중국적기출설시개선궤제제공일개정합적이론화실증광가。연구표명：재정분권체제적학립여토지요소시장화개혁적계동시촉성중국기출설시기비적관건조건。분권화경제치리모식소산생적할구간경쟁여토지융자창신분별역사성지개변료기출설시적투자수구화공급능력，우기재성시부문。진일보，아문상세분석료현성화은성토지재정여성시기출설시제공지간적이론라집，병운용자본존량법화실물존량법량충방법대상관가설진행료초보실증검험，1999～2007년적성제면판수거제공료모사지지성증거。본연구불부유조우리해중국성시기출설시적증장，이차위리해이토지위중심적중국식분권체제제공료일개유익시각。
China has witnessed unprecedented growth in its infrastructure since the mid- 1990s, which has played an important role in its economic growth and social development. This paper attempts to provide an inte- grated theoretical and empirical framework to explore the rationale of the rapid improvements made to China＇s in- frastructure. This study shows that the establishment of a system of fiscal decentralization and the market - ori- ented factor of land reforms are key prerequisites for the rapid development in China＇s infrastructure. Inter -ju- risdictional competition and land finance innovations, both of which originate from China＇s decentralized eco- nomic governance model, have changed its historical demand and supply capacity, especially in the urban sec- tor. This paper also explores the relationship between land finance and the supply of urban infrastructure, using empirical evidence based on inter - provincial panel data from the years 1999 to 2007, especially as explained by respective capital stock and physical stock factors. This study can not only help clarify the growth of urban infrastructure in China, but also provide a useful perspective to understand Chinese -style decentralization where land is controlled by local governments.