CAJ | 학술논문

本文通过对安徽省实物资本与经济增长长期变动关系的研究发现，2000年后实物资本的高速增长使实物资本边际报酬与实物资本产出弹性下降速度的有所减缓，因此仔在资本体现式的技术进步阻止了实物资本利用效率的下降。在对实物资本区分为设备资本和建筑资本，并重新核算基础上，利用新古典增长模型测算出安徽省设备资本的边际报酬的变动趋势，分析得出由于仔在设备资本积累引致的资本体现式技术进步，安徽省实物资本加速积累带来的经济增长是有效率的。
본문통과대안휘성실물자본여경제증장장기변동관계적연구발현，2000년후실물자본적고속증장사실물자본변제보수여실물자본산출탄성하강속도적유소감완，인차자재자본체현식적기술진보조지료실물자본이용효솔적하강。재대실물자본구분위설비자본화건축자본，병중신핵산기출상，이용신고전증장모형측산출안휘성설비자본적변제보수적변동추세，분석득출유우자재설비자본적루인치적자본체현식기술진보，안휘성실물자본가속적루대래적경제증장시유효솔적。
Based on the studies of long- term relationship between physical capital and economic growth in Anhui Province, this paper puts forward that high growth of physical capital reduces the rate of decent of the margin- al return of physical capital and the output elasticity of physical capital after 2000, so the existence of capital - em- bodied technical progress has prevented the decline in physical capital using efficiency. By dividing physical capital into equipment capital and building capital as well as recalculating, this paper calculates the changing trend of e- quipment capital marginal return of Anhui province with the model of neoclassical growth, comes to the conclusion that due to the capital embodied technical progress resulted from equipment capital accumulation, the economic growth of Anhui Province brought by physical capital accumulation is efficient.