资本形成、工业化与经济增长:中国的转轨特征

把中国的经济转轨、增长与工业化联系起来是本文的一个尝试。作者认为 ,中国的经济增长在近年来越来越表现出静态的特征 ,至今尚不具备持续的动态改进的力量 ,而中国在 2 0世纪 80年代以后的转轨过程则又典型地表现为以新兴工业部门的进入和扩张为特征的持续的工业化过程。本文给出了一个帮助理解转轨后中国经济增长可持续性的概念框架和经验描述。在这个框架里 ,中国的经济增长在过去 1 0年来所表现出的下降趋势可以由过度的工业化进程来解释。

Capital Formation,Industrialization and Economic Growth:Understanding China's Economic Reform

This paper attempts to formulize an analytical framework under which China's post-reform growth can be accounted for by its industrialization process, which may be best characterized by rapid entry and expansion of non-state sector. The author observes that Chinese economic growth has been declining and may be better explained by its lasting industrialization programs initiated on the outset of reform, which has led to a rising of capital-output ratio and worsening TFP growth.