中国财政科教支出动态经济效应分析

财政科技与教育支出的经济增长效应是经济学界研究的重要问题。文章通过构建以资本、知识和产出为研究对象的动态理论模型与研究,发现财政科教支出对三者的稳定增长路径及经济体系稳态点均具有重要影响。文章在理论模型研究的基础上进一步构建了动态计量模型,实证结论是:中国财政科教支出对其资本形成、产出增长及全要素生产率的提高均有积极影响,但作用力度和影响方式存在区别。因此,应进一步增加财政科教支出,并通过改进支出结构和进度,使之对经济转轨和长期经济增长起到更为重要的促进作用。

The Dynamic Effect of Fiscal Technology and Education Expenditure in China

Currently there are many literatures on the issue of the economic effect of fiscal technology and education expenditure.By constructing a theoretic model based on capital,knowledge and output,we find that fiscal technology and education expenditure play an important role on the dynamic steady paths of these elements and the tranquilization point of economy.According to the theoretical model,we construct a dynamic econometric model.Empirical conclusion shows that China's fiscal technology and education expenditure promote the increase of GDP,capital stock and TFP despite of certain differences in the specific way and effectiveness.Therefore it is important for China to further increase its fiscal technology and education expenditure and improve it's expenditure structure and schedule so as to promote the economy transition and long run economy growth.