经济问题
經濟問題
경제문제
On Economic Problems
2013年
11期
86~89
,共null页
财政可持续 结构断点 反应函数 BP检验
財政可持續 結構斷點 反應函數 BP檢驗
재정가지속 결구단점 반응함수 BP검험
financial sustainability ; structural breakpoints ; response function ; Bai - Perron test
中国公共财政状况虽无近忧,但需远虑。运用带结构断点的单位根检验和财政反应函数定量分析,发现中国公共财政目前尚可持续,但是政府对未来可能出现的财政隐患显得反应不足。以1988、1997年为结构突变断点,中国公共财政表现出明显的阶段性特征,各项反应系数不尽相同。制度转轨、经济发展战略是影响中国财政可持续性的主要因素,而周期性因素并非影响财政可持续性的重要因素。
中國公共財政狀況雖無近憂,但需遠慮。運用帶結構斷點的單位根檢驗和財政反應函數定量分析,髮現中國公共財政目前尚可持續,但是政府對未來可能齣現的財政隱患顯得反應不足。以1988、1997年為結構突變斷點,中國公共財政錶現齣明顯的階段性特徵,各項反應繫數不儘相同。製度轉軌、經濟髮展戰略是影響中國財政可持續性的主要因素,而週期性因素併非影響財政可持續性的重要因素。
중국공공재정상황수무근우,단수원필。운용대결구단점적단위근검험화재정반응함수정량분석,발현중국공공재정목전상가지속,단시정부대미래가능출현적재정은환현득반응불족。이1988、1997년위결구돌변단점,중국공공재정표현출명현적계단성특정,각항반응계수불진상동。제도전궤、경제발전전략시영향중국재정가지속성적주요인소,이주기성인소병비영향재정가지속성적중요인소。
China' s public finance is not an seriously problem, but need to pay attention to it in the future. This article uses the unit root test with structural breakpoints and fiscal response function of quantitative analysis, finding that China' s public finance at present can be sustainable, but the government seems to be inadequate to cope with possible future financial hidden troubles. With 1988, 1997 for the structure breakpoints, the result shows stage characteristics of China' s public finances, and the reaction coefficients are not the same. System transformation and economic development strategy are the main factors affecting China' s fiscal sustainability, cyclical factors are not important factors affect fiscal sustainability.