经济增长与收入分配间的相互作用机制及其实证分析——基于有约束条件的VECM

本文提出经济增长与收入分配间的相互作用机制,在这基础上利用带有两个协整的VECM对该机制进行实证.结果表明:改革开放以来我国收入分配通过降低物质资本和人力资本效力影响经济增长,且金融发展程度有助于缓解收入分配对经济增长这种的负作用;经济增长通过物质资本途径扩大收入差距,通过人力资本途径缩小收入差距.

Mechanism between Growth and Income Distribution——an Empirical Study Based on VECM

This paper puts forwards the mechanism between growth and income distribution.The empirical study based on VECM with cointegration shows that since reform and opening in China income distribution has negative effect on growth by decreasing the efficiency of physical capital and human capital,and financial development degree helps to reduce the negative effect on growth from income distribution,that growth enlarges income disparity by physical capital and growth reduces the income disparity by human capital.