南方经济
南方經濟
남방경제
South China journal of Economy
2013年
10期
51~63
,共null页
财政融资 居民消费 分位数回归
財政融資 居民消費 分位數迴歸
재정융자 거민소비 분위수회귀
Government Financing; Resident Consumption; the Quantile Regression.
本文使用1978年到2011年的宏观数据，在生命周期消费理论基础上，构造了融合个体消费和政府行为的模型，细化探讨了政府融资方式对城乡居民消费的影响。研究使用了分位数回归方法。结论指出，随着分位点由小到大、消费水平从低到高，城乡居民对政府发债、征税和转移支付的消费反应存在异同，并且税债等价不一定成立，财政政策的实施需要细化。
本文使用1978年到2011年的宏觀數據，在生命週期消費理論基礎上，構造瞭融閤箇體消費和政府行為的模型，細化探討瞭政府融資方式對城鄉居民消費的影響。研究使用瞭分位數迴歸方法。結論指齣，隨著分位點由小到大、消費水平從低到高，城鄉居民對政府髮債、徵稅和轉移支付的消費反應存在異同，併且稅債等價不一定成立，財政政策的實施需要細化。
본문사용1978년도2011년적굉관수거，재생명주기소비이론기출상，구조료융합개체소비화정부행위적모형，세화탐토료정부융자방식대성향거민소비적영향。연구사용료분위수회귀방법。결론지출，수착분위점유소도대、소비수평종저도고，성향거민대정부발채、정세화전이지부적소비반응존재이동，병차세채등개불일정성립，재정정책적실시수요세화。
Using macro data from 1978 to 2011, this paper forms a model that combines resident consumption and activities of government together, which is based on life - cycle theory of consumption, and investigates meticulously that how the ways of government financing affect rural resident consumption and urban resident consumption. The research is using Quantile regression method. The result shows that some reactions of resident consumption responsing to government debt, taxes and transfer expenditures in rural areas and in urban areas are really different and some are the same, and tax - debt equivalence is not~ necessarily true. It should be more careful to carry out fiscal policy.
