我国垄断行业收入与经济增长关系的实证研究——基于面板协整理论

基于1990—2008年我国垄断行业收入的面板数据,通过面板协整、Engle-Granger检验以及运用误差修正模型对我国垄断行业的收入水平与经济增长的长期关系进行分析。研究结果显示:与能源、交通相关的垄断行业的收入与经济增长之间存在长期稳定的协整关系;与能源相关的垄断行业的收入对经济增长具有正向影响,而与交通相关的垄断行业的收入对经济增长的影响不太显著;金融保险业和房地产业的收入与经济增长之间并不存在长期稳定的面板协整关系。

Empirical Research on Relationship between Income of Monopoly Sector and Economic Growth in China:Based on Panel Co-Integration Theory

Using the panel data about income of monopoly sectors from 1990 to 2008,this paper explores the long relationship between income level of China′s monopoly sectors and economic growth by the panel co-integration,Engle-Granger test and error correction model.The empirical research results show as follows：there is a long-term stable panel co-integration relationship between the incomes of energy-and transportation-related monopoly sectors and economic growth;the incomes of energy-related monopoly sectors have positive impacts on economic growth;but the incomes of transportation-related monopoly sectors have few impacts on economic growth;there is not a long-term stable panel co-integration relationship between the incomes of financeinsurance industry as well as real estate industry and economic growth.