CAJ | 학술논문

全球金融危机后,无形资产支出对经济增长的重要性日益突出.目前,很多国家开始将无形资产纳入GDP核算范畴,但我国尚未有这方面的实践.本文以北京地区为研究对象,资本化R＆D支出并定量分析其对GDP和经济增长的影响.研究结果表明,资本化R＆D将使北京地区的GDP提高大约3.4％.同时,2002-2011年,R＆D资本拉动了GDP增长幅度达0.56％,对经济增长的贡献率达5％左右.此外,对关键参数的假设进行了敏感性分析,发现R＆D资本的收益率参数对资本化R＆D结果的影响较大.最后,提出了我国应该加快无形资产的核算研究、建立R＆D资本卫星账户等相关政策建议.
전구금융위궤후,무형자산지출대경제증장적중요성일익돌출.목전,흔다국가개시장무형자산납입GDP핵산범주,단아국상미유저방면적실천.본문이북경지구위연구대상,자본화R＆D지출병정량분석기대GDP화경제증장적영향.연구결과표명,자본화R＆D장사북경지구적GDP제고대약3.4％.동시,2002-2011년,R＆D자본랍동료GDP증장폭도체0.56％,대경제증장적공헌솔체5％좌우.차외,대관건삼수적가설진행료민감성분석,발현R＆D자본적수익솔삼수대자본화R＆D결과적영향교대.최후,제출료아국응해가쾌무형자산적핵산연구、건립R＆D자본위성장호등상관정책건의.
After the global financial crisis, countries around the world are looking for new economic growth engine, and playing more emphasis on technological innovation. That is to say intangible assets have great impact on economic growth. At present, many countries have begun to incorporate intangible investment in GDP accounting. On July 31, 2013 the United States announced the ＂comprehensive revision of national income and expenditure accounts program＂ which clearly calls to Capitalizing investment in the R ＆ D expenses. However our practice in this area is blank. This paper capitalizes R ＆ D expenses of Beijing and quantitatively analyzes its effects on GDP and economic growth. The results show that capitalization of R ＆ D will increase Beijing region＇ s GDP by about 3.4%. In the meanwhile, capitalization of Beijing＇ s R＆D expenses would increase the rate of economic growth by 0. 56 percent in the period of 2002 - 2011, and the contribution rate of R＆D capital will achieved to 5%. In addition, through sensitivity analysis of the key parameters, we find that the assumption of gains rate of R ＆ D capital has significant effects on the results. Finally, this paper provides some related policy recommendations, such as more research about capitalization of intangible investment, establishment of R＆D capital satellite account and so on.