基于我国财政职能视角的财政支出研究
详细信息    本馆镜像全文|  推荐本文 |  |   获取CNKI官网全文
  • 英文题名:A Study on the Fiscal Expenditure from the Perspective of Fiscal Function in China
  • 作者:杨苜
  • 论文级别:博士
  • 学科专业名称:数量经济学
  • 学位年度:2008
  • 导师:赵振全
  • 学科代码:020209
  • 学位授予单位:吉林大学
  • 论文提交日期:2008-04-01
摘要
财政支出政策是国家宏观财政政策的重要组成部分,财政支出历来是国家实施政策的重要财政工具,也是国内外学者们研究的重点领域。本文从两个方面来诠释财政支出研究,一是以财政职能的视角系统地总结和分析财政支出的理论研究,二是分别对财政支出结构的经济增长效应、财政支出规模的经济增长效应、财政支出的区域经济增长效应以及财政支出的收入分配效应影响四个方面进行了实证研究。
     论文研究内容主要包括:首先,采用Granger非因果关系检验来分别检验各项财政支出的显著性及其与经济增长的关系,同时利用脉冲响应函数来刻画各项财政支出与经济增长的相关性以优化财政支出结构;其次,以扩展的Ram(1986)理论模型为基础,通过将门限模型引入实证模型,以财政支出规模的代理变量作为门限变量,借助Hansen(1996, 2000)方法对实证模型进行估计,同时引入Armey曲线,计算出我国最优的财政支出规模;再次,使用NLS估计方法对我国的区域经济绝对收敛性和条件收敛性进行了分析,并且对转移支付作用进行了分析,进而考察财政支出对于区域经济的影响;最后,通过使用OLS估计方法和建立多元回归方程分别分析财政支出规模和财政支出结构对收入分配的影响,系统地分析了我国财政支出的收入分配效应。
Fiscal expenditure policy is an important part of national fiscal policy. Fiscal expenditure is also an essential fiscal tool and has been focused by domestic and foreign scholars. However, by concluding their studies, it can be found that there are many divergences on this field, such as the study of fiscal expenditure scale’s economic development, the study of fiscal expenditure structure’s economic development etc. There are also some problems on studying on research’s perspective, systematic organization and the use of analyzing method. Therefore this essay uses a new scientific and systematic perspective on the research of fiscal expenditure by enrolling the combination of theory and latest empirical methods. Perhaps it could bring new consideration for this kind of research on the fields of both theory and reality.
     This essay analyzes the research of fiscal expenditure from two aspects. The first aspect is to concluding and analyzing fiscal expenditure’s research from the perspective of fiscal function. Another aspect is to do empirical study on four problems, and they are fiscal expenditure structure’s economic growth effect, fiscal expenditure scale’s economic growth effect, fiscal expenditure’regional economic growth effect and fiscal expenditure’s influence on income gap. The conclusion found is listed as follows:
     1. Chinese government’s expenditure for capital construction, social security and policy-related subsidies are positive to economic growth. Additional appropriation for circulating capital of enterprises, innovation funds and science and technology promotion funds, geological prospecting expense is negative to economic growth.
     2. The main problem government’s expenditure structure facing is that fiscal expenditure is not enough and it wastes too much. Works and people afforded by government are expanding and some social works are needed to add to government’s fiscal expenditure. These problems are also need to taken into account.
     3. When using fiscal expenditure scale as shield variable, shield effect could be found in expanded Ram (1986) model, and it means that there is a nonlinear concern between fiscal expenditure and economic growth. The finding also denies the linear concern between two factors used as a researching model, and the linear concern may be the main reason of divergence of past empirical researches.
     4. There exists Armey curve in China’s economy. It also means best fiscal expenditure scale exists and when its ratio in GDP is 0.1675, fiscal expenditure can fit economic growth best. If fiscal expenditure scale surpasses the best scale, the low efficiency of deploying resources by the“spill out”effect will be negative to economic growth. Recent fiscal expenditure scale has surpassed the best scale, but it has positive effect on avoiding the“too hot economy”and related“hard landed”solution.
     5. During 1995-2006 year, the absolute convergent coefficient of regional economy explains that China’s regional economy have not been absolute convergence. As the ordinary divided method, the absolute convergent coefficient of east area and middle area is bigger than zero, which means that economic growth of these areas have been convergent. Gap of provinces in the areas has been decreasing. Compared with east and middle areas, west area has no convergence. China’s regional gap has becoming bigger.
     6. Taking fiscal expenditure as controlled variable, the convergent predicted result reveals that fiscal expenditure has not decreased regional gap, but been negative. Under the influence of fiscal expenditure, west area gap’s expanding is most evident, and the convergent coefficient of east and middle areas is a little decreased.
     7. When using transferred payment, which is core tool of adjusting regional economic gap, as controlled variable, conditional convergent predicted result reveals that government’s transferred payment does not promote regional economic growth in phase. It maybe caused by two aspects, which is the unscientific use of transferred payment and the low efficiency of distributing of transferred payment.
     8. China’s GINI coefficient has kept rising for years. Evaluated by international standard, it could by found that China has been one of the countries which has big income gap. The main performance of this problem is income gap between city and country, income gap between regional areas, income gap between industries.
     9. During 1981-1996 years, government fiscal expenditure scale has strong negative effect on GINI coefficient, which means that fiscal expenditure has been effective on adjusting income distribution. After 1997, from which year the expanding fiscal policy has been used, government fiscal expenditure scale has been positive on GINI coefficient. Fiscal expenditure has not only been effective on decreasing income gap, but also stimulated the wideness of income gap. It also reveals that the fiscal expenditure after 1997 aims to strengthen economic growth instead of adjusting income distribution.
     10. Expenditure for capital construction and expenditure for supporting rural production has been effective on adjusting income gap, and innovation funds and science and technology promotion funds, expenditure on culture, education, science and public health, and expenditure security has not. Therefore it will be effective to strengthen these three kinds of fiscal expenditure to really adjusting the income gap.
     This paper is organized as follows:
     Chapter 1 Study on fiscal function theory and fiscal expenditure theory. This chapter is important part of this dissertation and it is theoretical base for followed chapter’s empirical study, which aims to providing explicit theoretical support and logical explanation. Firstly, this chapter gives an introduction of fiscal function theory on its development, divergence and China’s main fiscal function. Secondly, it introduces the development of fiscal expenditure theory and divides of main ideas. Finally, it concludes and analyzes fiscal expenditure’s research from the perspective of fiscal function, which includes fiscal expenditure structure’s economic growth effect, fiscal expenditure scale’s economic growth effect, fiscal expenditure’regional economic growth effect and fiscal expenditure’s influence on income gap.
     Chapter 2 Study on fiscal expenditure structure’s effect. This chapter focuses on empirical study on China’s fiscal expenditure structure’s effect on economic growth. Firstly, this chapter gives an analysis of foreign and domestic studies on this kind of problem and finds the hot divergences and problems existed. Secondly, it gives a whole introduction of international divided methods of fiscal expenditure structure, especially that of the USA, Japan, India and Russia. Thirdly, it uses Granger Causality Test to examine the relationship between fiscal expenditure and economic growth and uses Pulse Response Function to figure out the relationship between fiscal expenditure and economic growth. By analyzing, it could be found that: 1. Chinese government’s expenditure for capital construction, social security and policy-related subsidies, additional appropriation for circulating capital of enterprises, innovation funds and science and technology promotion funds, geological prospecting expense are significant under text of 10%. 2. Chinese government’s expenditure for capital construction, social security and policy-related subsidies are positive to economic growth. Additional appropriation for circulating capital of enterprises, innovation funds and science and technology promotion funds, geological prospecting expense is negative to economic growth. 3. The main problem government’s expenditure structure facing is that fiscal expenditure is not enough and it wastes too much. Works and people afforded by government are expanding and some social works are needed to add to government’s fiscal expenditure. These problems are also need to taken into account. Finally, it gives chapter’s basic conclusion and advised policies.
     Chapter 3 Study on fiscal expenditure scale’s effect. This chapter focuses on empirical study on China’s fiscal expenditure scale’s effect on economic growth. Firstly, it gives a main idea of problems by concluding and analyzing foreign and domestic studies on fiscal expenditure scale’s effect. Secondly, it gives an introduction of shield model and empirical model used in this chapter on the base of Hansen’s (1996, 2000) model. Thirdly, by analyzing the empirical study, it could be found that: 1. If uses fiscal expenditure scale as shield variable, shield effect could be found in expanded Ram (1986) model, and it means that there is a nonlinear concern between fiscal expenditure and economic growth. The finding also denies the linear concern between two factors used as a researching model, and the linear concern may be the main reason of divergence of past empirical researches. 2. There exists Armey curve in China’s economy. It also means best fiscal expenditure scale exists and when its ratio in GDP is 0.1675, fiscal expenditure can fit economic growth best. If fiscal expenditure scale surpasses the best scale, the low efficiency of deploying resources by the“spill out”effect will be negative to economic growth.3. Chinese government has same point on Keynes’s“fiscal expenditure’s expansion is helpful to decrease the influence of economic recession”, and during 1990-1997 years, fiscal policy used has been effective on adjusting fiscal expenditure scale’s effect on economic growth. 4. Recent fiscal expenditure scale has surpassed the best scale, but it has positive effect on avoiding the“too hot economy”and related“hard landed”solution. Finally, it gives chapter’s basic conclusion and advised policies.
     Chapter 4 Study on fiscal expenditure’s effect on regional economy. This chapter focuses on empirical study on China’s fiscal expenditure’s influence on regional economy. Firstly, it does empirical study on economy’s convergence on the base of fiscal expenditure’s influence on regional economy from the perspective of fiscal expenditure. Secondly, it introduces some empirical models and data, and analyzes regional economy’s convergence from 1995 to 2006. Furthermore, it gives analyze on the influence of fiscal expenditure on regional economy’s convergence and the transferred payment. Thirdly, by analyzing the result, it could be found that: 1. During 1995-2006 year, the absolute convergent coefficient of regional economy explains that China’s regional economy have not been absolute convergence. As the ordinary divided method, the absolute convergent coefficient of east area and middle area is bigger than zero, which means that economic growth of these areas have been convergent. Gap of provinces in the areas has been decreasing. Compared with east and middle areas, west area has no convergence. China’s regional gap has becoming bigger.2. Taking fiscal expenditure as controlled variable, the convergent predicted result reveals that fiscal expenditure has not decreased regional gap, but been negative. Under the influence of fiscal expenditure, west area gap’s expanding is most evident, and the convergent coefficient of east and middle areas is a little decreased. 3. When using transferred payment, which is core tool of adjusting regional economic gap, as controlled variable, conditional convergent predicted result reveals that government’s transferred payment does not promote regional economic growth in phase. It maybe caused by two aspects, which is the unscientific use of transferred payment and the low efficiency of distributing of transferred payment. Finally, it gives chapter’s basic conclusion and advised policies.
     Chapter 5 Study on fiscal expenditure’s effect on income distribution. This chapter focuses on empirical study on China’s fiscal expenditure’s effect on income distribution. Firstly, this chapter analyzes the situation of fiscal expenditure’s effect on income distribution. Secondly, it does empirical study on fiscal expenditure’s adjust on income distribution from two aspects, which is fiscal expenditure scale and fiscal expenditure structure by using actual data. Finally, by analyzing the result, it could be found that: 1. China’s GINI coefficient has kept rising for years. Evaluated by international standard, it could by found that China has been one of the countries which has big income gap. The main performance of this problem is income gap between city and country, income gap between regional areas, income gap between industries. 2. During 1981-1996 years, government fiscal expenditure scale has strong negative effect on GINI coefficient, which means that fiscal expenditure has been effective on adjusting income distribution. After 1997, from which year the expanding fiscal policy has been used, government fiscal expenditure scale has been positive on GINI coefficient. Fiscal expenditure has not only been effective on decreasing income gap, but also stimulated the wideness of income gap. It also reveals that the fiscal expenditure after 1997 aims to strengthen economic growth instead of adjusting income distribution. 3. Expenditure for capital construction and expenditure for supporting rural production has been effective on adjusting income gap, and innovation funds and science and technology promotion funds, expenditure on culture, education, science and public health, and expenditure security has not. Therefore it will be effective to strengthen these three kinds of fiscal expenditure to really adjusting the income gap.
引文
[1] 威廉·配弟:《赋税论》,商务印书馆,1981
    [2] 亚当·斯密:《国民财富的性质和原因的研究》,商务印书馆,1981
    [3] 张美芳:《经济转轨时期中国公共财政体系的构建研究》,2004
    [4] 大卫·李嘉图:《政治经济学及赋税原理》,商务印书馆,1981
    [5] 郭庆旺、赵志耘:《财政学》,中国人民大学出版社,2002
    [6] 郭庆旺、赵志耘:《财政理论与政策》,经济科学出版社,2002
    [7] 缪尔达尔:《亚洲的戏剧:南亚国家贫困问题研究》,首都经济贸易大学出版社,2001 年版
    [8] 项怀诚:《中国财政管理》,中国财政经济出版社,2001
    [9] 苏明:《财政支出政策研究》,中国财政经济出版社,2001
    [10] 邹恒甫:《财政、经济增长和动态经济分析》,北京大学出版社,2002 年第二版
    [11] 王德祥:《现代外国财政制度》,武汉大学出版社,2005
    [12] 黄梅波:《世界经济 国别经济》,厦门大学出版社,2005
    [13] 雅克布·A·弗兰克尔,阿萨夫·雷兹恩,阮志华:《世界宏观经济学:全球一体化下的财政政策与经济增长》,经济科学出版社,2005
    [14] 刘乐山:《财政调节收入分配差距的现状分析》,经济科学出版社,2006
    [15] 左大培、杨春学(2007):《经济增长理论模型的内生化历程》,中国经济出版社,2007 年
    [1] 赖德胜(1998):“教育、劳动力与收入分配”,经济研究,1998 年第五期,p42
    [2] 蔡增正(1999):“教育对经济增长贡献的计量分析”,经济研究 1999 年,第12 期,p31
    [3] 庄龙涛(1999):“实施积极的财政政策应防范财政风险”,财政研究 1999 年,第 9 期
    [4] 王绍光(1999):“正视不平等的挑战”,管理世界,1999 年第 4 期
    [5] 朱培标(2001):“财政支出拉动经济增长的惯性分析”,中央财经大学学报, 2001 年第 9 期
    [6] 汪本学(2002):“我国财政支出职能结构优化研究”,中共中央党校硕士论文库,2002 年
    [7] 于天义(2002):“对积极财政政策淡出前的几点思考”,《财经理论与实践》,2002年第 6 期。
    [8] 谢建国(2002):“政府支出与居民消费——一个基于跨期替代模型的中国经验分析”,经济科学,2002 年第 6 期
    [9] 沈坤荣、马俊(2002):“中国经济增长的“俱乐部收敛”特征及其成因研究”,经济研究,2002 年第 1 期
    [10] 寇铁军、金双华(2002):“财政支出规模、结构与社会公平关系的研究”,《上海财经大学学报》,2002 年第 4 卷第 6 期
    [11] 郭杰(2003):“政府支出对 GDP 的影响“,《财经科学》,2003 年第 4 期
    [12] 庄子银、邹薇(2003):“公共支出能否促进经济增长:中国的经验分析”,《管理世界》,2003 年第 7 期
    [13] 戴园晨(2003):“财政赤字与积极财政政策”,经济经纬,2003 年第 5 期
    [14] 马拴友、于红霞(2003):“转移支付与地区经济收敛”,经济研究,2003 年第3 期
    [15] 林毅夫、刘培林(2003):“经济发展战略对劳均资本积累和技术进步的影响”,《中国社会科学》,2003 年第 4 期
    [16] 舒元(2004):“中国省区经济增长分布的演进(1978—1998)”,经济学(季刊)2004 年第 2 期
    [17] 刘夏明(2004):“收敛还是发散?——中国区域经济发展争论的文献综述”,经济研究,2004 年第 7 期
    [18] 欧阳志刚(2004):“我国政府支出对经济增长贡献的经验研究”,《数量经济技术经济研究》,2004 年第 5 期
    [19] 孙文祥、张志超(2004):“财政支出结构对经济增长与社会公平的影响”,《上海财经大学学报》,2004 年第 6 期
    [20] 王小鲁、樊纲(2004):“中国地区差距的变动趋势和影响因素”,《经济研究》,2004 年第 1 期
    [21] 徐现祥、舒元(2004):“中国省区经济增长分布的演进”,《经济学》,2004 年第 3 期
    [22] 张晏、龚六堂(2004):“地区差距、要素流动与财政分权”,《经济研究》,2004年第 7 期
    [23] 胡祖光(2004):“基尼系数理论最佳值及其简易计算公式研究”,《 经济研究》,2004 年第 9 期
    [24] 郭庆旺、贾俊雪(2005):“积极财政政策的全要素生产率增长效应”,《中国人民大学学报》,2005 年第 4 期
    [25] 曾娟红、赵福军(2005):“促进我国经济增长的最优财政支出结构研究”,《中南财经政法大学学报》,2005 年第 4 期
    [26] 钱争鸣、于艳萍(2005):“中国宏观经济运行总量指标互动影响的实证研究”,《商业经济与管理》,2005 年第 9 期
    [27] 郭庆旺、赵志耘、贾俊雪(2005):“中国省份经济的全要素生产率分析”,《世界经济》,2005 年第 5 期
    [28] 郭庆旺、贾俊雪(2005):“积极财政政策对区域经济增长与差异的影响”,《中国软科学》,2005 年第 7 期
    [29] 郭庆旺、贾俊雪(2006):“中国区域经济趋同与差异的因素贡献分析”,《财贸经济》,2006 年第 2 期
    [30] 刘亮(2006):“中国地区间财力的差异及分解”,《经济体制改革》,2006 年第2 期
    [31] 孙磊(2006):“中国财政政策动态效应的实证分析:1998-2004”,《财贸研究》,2006 年第 1 期
    [32] 赵广军(2007):“上海公共支出促进区域经济增长研究”,同济大学管理学博士论文,2007 年
    [33] 王启友(2007):“印度中央与地方财政关系的变革启示”,《经济导刊》,2007年第 9 期
    [34] 张惠玲(2007):“我国财政转移性支出对调节收入分配的作用分析”,《统计与决策》,2007 年 6 月
    [35] 郑杰、吴信国、陈欢(2007):“我国现阶段收入差距过大的政策性实证分析”,《现代农业》,2007 年第 7 期
    [36] 郑凌凌、张艺(2008):“公平与效率:中国财政支出有效性的实证分析”,《金融经济》,2008 年第 2 期
    [1] Barro RJ (1989), “The Neoclassical Approach to Fiscal Policy”, In Modern Business Cycle Theory, edited by Robert J. Barro, Cambridge, Mass: Harvard University Press.
    [2] Barro, R.J., and X. Sala-i-Martin (1995), Economic Growth, New York, McGraw-Hill.
    [3] Hamilton, J. D. (1994), Time Series Analysis, Princeton: Princeton UniversityPress.
    [4] Johansen, S. (1995), Likelihood-based Inference in Cointegrated Vector Autoregressive Models, Oxford: Oxford University Press.
    [5] Krolzig, H.-M. (1997), Markov Switching Vector Autoregressions: Modelling, Statisitical Inference and Application to Business Cycle Analysis, Berlin: Springer.
    [6] Turnovsky, Stephen J. (1977), Macroeconomic Analysis and Stabilization Policies, Cambridge University Press.
    [1] Abizadeh S, Yousefi M (1998), “An empirical analysis of South Korea's economic development and public expenditures growth”, Journal of Socio-Economics.
    [2] Adam, C.S. and Bevan, D.L. (2001), “Fiscal Policy Design in Low-Income Countries”, Discussion Paper No.67, WIDER-UN University.
    [3] Ahmed, Habib & Miller, Stephen M. (2000), “Crowding-Out and Crowding-In Effects of the Components of Government Expenditure”, Contemporary Economic Policy, Oxford University Press, 18(1), 124-133.
    [4] Ahmed, Shagil, (1986), “Temporary and Permanent Government Spending in an Open Economy”, Journal of Monetary Economics 17,197-224.
    [5] Aiyagari, S.R., Christiano, L.J. and Eichenbaum, M., (1992), “The Output, Employment, and Interest Rate Effects of Government Consumption”, Journal of Monetary Economics, 30.
    [6] Alan J. Auerbach, (2002), “Is There a Role for Discretionary Fiscal Policy?”, NBER Working Paper 9306.
    [7] Alesina, A. and S. Ardagna, Perotti R. and Schiantarelli, F., (1999), “Fiscal Policy, Profits, and Investment”, NBER Working Paper 7207.
    [8] Alesina, A. and S. Ardagna, (1998), “Tales of Fiscal Adjustment”, Economic Policy 27,489-545.
    [9] Alesina, A. and R. Perotti, (1995), “Fiscal Expansions and Adjustments in OECD Countries”, Economic Policy 21,207 – 248.
    [10] Alesina A., Perotti R., (1996), “Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects”, NBER Working Paper, No. 5730, National Bureau of Economic Research, Cambridge.
    [11] Alesina, A. and R. Perotti, (1997), “Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects”, IMF Staff Papers 44(2),210-248.
    [12] Alesina A.; Perotti, R. and Tavares, J., (1998,) “The Political Economy of Fiscal Adjustments”, Brookings Papers on Economic Activity, 1,197-266.
    [13] Alesina, A. and S. Ardagna, (1998), “Tales of Fiscal Adjustment”, Economic Policy, No.27, 489-545.
    [14] Antonio Fatas, (2001), “Government Size and Automatic Stabilizers”, Journal of International Economics.
    [15] Antonio Fatas and Ilian Mihov, (2000), “The Macroeconomic Effects of Fiscal Policy, mimeo, INSEAD.
    [16] Antonio Fatas and Ilian Mihov, (2001), “Government Size and Automatic Stabilizers: International and Intranational Evidence”, Journal of International Economics, 55, 3-28.
    [17] Ardagna, S., (2001), “Fiscal Policy Composition, Public Debt, and Economic Activity”, Public Choice, 109.
    [18] Armey D (1995), “The freedom revolution”, Washington: Regnery Bourgeois.
    [19] Aschauer, David Alan, (1989), “Is Public Expenditure Productive?”, Journal of Monetary Economics.23,177-200.
    [20] Aschauer, David Alan, (1989), “Does Public Capital Crowd Out Private Capital?”, Journal of Monetary Economics.24,171-178.
    [21] Auerbach, James A., and Richard S. (1998), “The Inequality Paradox: Growth of Income Disparity”, Washington, D.C.: National Policy Association.
    [22] Barro RJ (1974), “Are Government Bonds Net Wealth?”, Journal of Political Economy, Vol82, No.6, 1095-1117.
    [23] Barro RJ (1979), “On the Determination of the Public Debt”, Journal of Public Economy 87, No.5, 940-971.
    [24] Barro RJ (1981), “Output Effects of Government Purchases,” Journal of Political Economy, Vol. 89, 1981, 1086-1121.
    [25] Barro RJ (1990), “Government Spending in a Simple Model of Endogenous Growth”, Journal of Political Economy, Vol. 98, 1990, S103-S125.
    [26] Barro RJ (1990), “Economic Growth in a Cross Section of Countries,” Quarterly Journal of Economics, Vol. 106, 1991, 407-444.
    [27] Barro RJ and Xavier Sala-i-Martin (1992), “Public Finance in Models of Economic Growth”, Review of Economic Studies, 59, 645-661.
    [28] Baumol WJ (1986), “Productivity Growth, Convergence, and Welfare: What theLong-Run Data Show”, American Economic Review.
    [29] Becker, G.S., K.M. Murphy, and R. Tamura (1990), “Human Capital Fertility, and Economic Growth,” Journal of Political Economy, Vol. 98, 1990, 12-37.
    [30] Benjamin, Dwayne and Brandt, Loren (1999), “Income distribution in China markets and inequality in rural China: parallels with the past”, American Economic Review 89, 292-195.
    [31] Bird, R.M. (1971). Wagner's law of expanding state activity. Public Finances 26: 1–26.
    [32] Bishop, J.H. (1989), “Is the test score decline responsible for the productivity growth?”, American Economic Review 79(1).
    [33] Biswas, B and Ram, A (1986), “Military Expenditure and Economic Growth in Less Developed Countries: An Augmented Model and Further Evidence”, Economic Development and Culture Change 34 (2), 361-372.
    [34] Blanchard, Olivier J. and R. Perotti, (1999), “An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output.” NBER Working Paper 7269.
    [35] Bryant, R.C., Henderson, D.W., Holtham, G., Hooper, P. and Symansky, S., (1988), “Empirical Macroeconomics for Interdependent Economics”, Brookings Institution.
    [36] Buiter, W., (2002), “The Fiscal Theory of the Price Level: A Critique,” The Economic Journal, 112(461), 459-480.
    [37] Cano, L. and A. Kanutin, (1996), “Estimation of Structural Deficits in EU Countries”, mimeo, London School of Economics.
    [38] Cameron, D.R. (1978). The expansion of the public economy: A comparative analysis. American Political Science Review 72 (December): 1243–1261.
    [39] Canzoneri, M. B., R. E. Cumby, and B. T. Diba, (2001),“Is the Price Level Determined by the Needs of Fiscal Solvecy?” American Economic Review, 91(5), 1221-1238.
    [40] Capolupo (2000), “Output Taxation, Human Capital and Growth”, The Manchester School 68, 166-183.
    [41] Carlos Budnevich L., (2002), “Countercyclical Fiscal Policy: A Review of the Literature, Empirical Evidence and some Policy Proposals”, Discussion Paper No.41, WIDER.
    [42] Cashin P, Sahay R (1996), “Internal Migration, Center-State Grants, and Economic Growth in the States of India: A Reply to Rao and Sen”, InternationalMonetary Fund Staff Papers.
    [43] Cass, D (1965), “Optimum Growth in an Aggregative Model of Capital Accumulation,” Review of Economic Studies, Vol. 32, 1965, 233-40.
    [44] Chang, G.H. (2002), “China’s urbanization lag and its economic costs”, In A. Chen, & G. Liu (Eds), Unemployment and social welfare, Ashgate Publishing, in press.
    [45] Chang, G.H., & Brada, J. (2002), “China’s urbanization lag: a paradox. Mimeo”, presented in Western Economic Association International.
    [46] Chang, G.H. (2002), “The cause and cure of China’s widening income disparity”, China Economic Review 13, 335-340.
    [47] Chen and Lee (2005), “Large Scale Analysis of MASCOT Results Using a Mass Accuracy-Based THreshold (MATH) Effectively Improves Data Interpretation”, American Chemical Society 4(4), 1353-1360.
    [48] Christiano, L. J., and T. J. Fitzgerald, (2000),“Understanding the Fiscal Theory of the Price Level,” NBER Working Paper No.7668.
    [49] Chu CSJ, White H (1992), “A Direct Test for Changing Trend”, Journal of Business and Economic Statistics.
    [50] Cour, P., Dubois, E., Mahfouz, S. and Pisani-Ferry. J., (1996), “The Costs of Fiscal Adjustment Revisited: how Strong is the Evidence?” CEPII Working Paper 96-16.
    [51] Crain W.M. and Lee K.J. (1999), “Economic Growth Regressions for the American States: A Sensitivity Analysis”, Economic Inquiry 37, No.2, 242-257.
    [52] Dalsgaard, T., Andre, C. and Richardson, P., (2001), “Standard Shocks in the OECD Interlink Model”, OECD Working Paper, 306, Organization for Economic Cooperation and Development.
    [53] Daniel, Betty C., (2001), “The Fiscal Theory of the Price Level in an Open Economy.” Journal of Monetary Economics, Vol.48, 293-308.
    [54] Dar AA, AmirKhalkhali S (2002), “Government size, factor accumulation, and economic growth: evidence from OECD countries”, Journal of Policy Modeling.
    [55] Deger S. (1986), “Economic Development and Defence Spending”, Economic Development and Culture Change 35(1), 179-196.
    [56] DeLong JB (1988), “Productivity Growth, Convergence, and Welfare: Comment”, American Economic Review.
    [57] De Menil, Georges, (1996), “Liberalisation and Financial Policy: the Role of Expectation Dynamics”, mimeo, DELTA.
    [58] Devereux, M.B., Head, A.C. and Lapham, B.J., (1996), “Monopolistic Competition, Increasing Returns, and the Effects of Government Spending”, Journal of Money, Credit, and Banking, 28.
    [59] Dinh, Hinh T., (1999), “Fiscal Solvency and Sustainability in Economic Management”, Policy Research Working Paper No.2213, the World Bank.
    [60] Easterly, William and Rebelo S. (1993), “Fiscal Policy and Economic Growth: An Empirical Investigation”, Journal of Monetary Economic 32, 417-458.
    [61] Eberts, R. W. (1986), “Estimating the Contribution of Urban Public Infrastructure to Regional Growth”, Working Paper No. 8610 (Federal Reserve Bank, Cleveland, OH).
    [62] Eberts, R. W. and Fogarty M. S. (1987), “Estimating the Relationship between Local Public and Private Investment”, Working Paper No. 8703, Federal Reserve Bank of Cleveland.
    [63] Eberts, R. W. (1990), “Public Infrastructure and Regional Economic Development”, Federal Reserve Bank of Cleveland, Economic Review 26, 15-27.
    [64] Engen, E.M., and Skinner, J., (1996), “Taxation and Economic Growth”, NBER Working Paper Series, No.5826, Cambridge, MA: National Bureau of Economic Research.
    [65] Evans, Paul, (1997), “Government Consumption and Growth”, Economic Inquiry, 35:209-217.
    [66] Fang, C., Zhang, X., & Fan, S. (2002), Emergence of urban poverty and inequality in China: evidence from household survey. China Economic Review.
    [67] Finn, M.G., (1998), “Cyclical Effects of Government’s Employment and Goods Purchases”, International Economic Review, 39.
    [68] F?lster S, Henrekson M (2001), “Growth effects of government expenditure and taxation in rich countries”, European Economic Review.
    [69] Frederiksen R.C. and Looney R.E. (1982), “Defence Expenditures and Economic Growth in Developing Countries: Some Further Empirical Evidence”, Journal of Economic Development 7, No.1, 113-126.
    [70] Friedman M (1997), “If Only the U.S. Were as Free as Hong Kong,” Wall Street Journal, July 8, 1997, p. A14.
    [71] Fuente A De la, Vives X (1995), “Infrastructure and Education as Instruments of Regional Policy: Evidence from Spain”, Economic Policy.
    [72] Fujita, Masahisa and Dapeng Hu (2001), “Regional disparity in China 1985-1994:the effects of globalization”, The Annals of Regional Science, 3-37.
    [73] Futagami, Koichi, Morita, Yuichi, Shibata, Akihisa (1993), “Dynamic analysis of an endogenous growth model with public capital”, Scandinavian Journal of Economics 95 (4) p607-625.
    [74] Gali, J., (1994), “Government Size and Macroeconomic Stability”, European Economic Review, 38,117-132.
    [75] Galor O (1996), “Convergence? Inferences from Theoretical Models”, Economic Journal.
    [76] Garrison, Charles B. and Lee, Feng-Yao, (1992), “Taxation, Aggregation Activity and Economic Growth: Further Cross-Country Evidence on some Supply-Side Hypothesis”, Economic Inquiry, Vol. XXX, 172-176.
    [77] Gavin, Michael, and Perotti R., (1997), “Man-aging Fiscal Policy in Latin America”, OCE Working Paper, Inter-American Devel-opment Bank, Washington, D.C.
    [78] Gemmell, Norman, (2000), “Fiscal Policy in A Growth Framework”, Paper Presented at the UNU/WIDER conference on “New Fiscal Policies for Growth and Poverty Reduction”, Helsinki: United Nations University. November.
    [79] Giavazzi F., Jappelli T., Pagano M. (2000), “Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries", European Economic Review, vol. 44, no.7, June 2000.
    [80] Giavazzi, F. and M. Pagano, (1990),“Can Severe Fiscal Contractions be Expansionary?” In Blanchard, O. J. and S. Fischer (eds.) NBER Macroeconomics Annual, pp.75 – 122.
    [81] Giavazzi and Pagano, (1995),“Non-keynesian effects of fiscal policy changes: international evidence and the Swedish experience”, NBER working paper 5332.
    [82] Giavazzi, F. and M. Pagano, (1996),“Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience”, Swedish Economic Policy Review 3,67– 103.
    [83] Giavazzi, F.; Jappelli, T. and Pagano, M., (2000),“Searching for non-linear effects of fiscal policy: evidence from industrial and developing countries,” European Economic Review, 44 (7), 1259-1289.
    [84] Glomn G. and Ravikumar B. (1997), “Productive Government Expenditure and Long-run Growth”, Journal of Economic Dynamics and Control 21, 183-204.
    [85] Grier, Kevin B. and Gordon Tullock (1989), “An Empirical Analysis of Cross -National Economic Growth, 1951-1980”, Journal of Monetary EconomicsSeptember, 259-276.
    [86] Grieson, Ronald E., William Hamovitch, Albert M. Levinson, and Rechard D. Morgenstern, (1977), “The Effect of Business Taxation on the Location of Industry”, Journal of Urban Economics 4,170-185.
    [87] Grossman PJ (1988), “Government and economic growth: A non-linear relationship”, Public Choice.
    [88] Grieson, Ronald E., (1980), “Theoretical Analysis and Empirical Measurements of the Effect of the Philadelphia Income Tax”, Journal of Urban Economics 8,123-137.
    [89] Gupta, S., Clements, B., Baldacci, E. and Mulas-Granados, C., (2002), “Expenditure Composition, Fiscal Adjustment, and Growth in Low-Income Countries”, IMF Working Paper, 02/77, International Monetary Fund.
    [90] Gupta, S. (1967). “Public expenditure and economic growth: A time-series analysis”. Public Finance 4: 423–461.
    [91] Hamilton, J.D., (1989), “A New Approach To The Economic Analysis of Nonstationary Time Series and The Business Cycle”, Econometrics, 57, 357-384.
    [92] Hansen BE. and Gregory AW. (1996), “Threshold effects in non-dynamic panels: Estimation, testing, and inference”, Journal of Econometrics 70(1), 99-126.
    [93] Hansen BE. (2000), “Sample Splitting and Threshold Estimation”, Econometrica.
    [94] Hellwig, M. and M.J.M. Neumann, (1987), “Economic Policy in Germany: Was there a Turnaround?”, Economic Policy 5,105 – 140.
    [95] Hemming R., Mahfouz S., Schimmelpfennig A., (2002), “Fiscal Policy and Economic Activity During Recessions in Advanced Economies”, IMF Working Paper, International Monetary Fund, Washington D.C.
    [96] Heylen, F. and Everaert, G., (2000), “Success and Failure of Fiscal Consolidation in the OECD: A Multivariate Analysis,” Public Choice, 105 (1/2), 103-124.
    [97] Hicks, N. L. (1991), “Expenditure Reductions in Developing Countries Revisited”, Journal of International Development, Vol.3, No.1.
    [98] Holmes James M. and Hutton Patrica A., (1990), “On the Casual Relationship between Government Expenditures and National Income”, The Review of Economics and Statistics, Vol.72, No.1, 87-95.
    [99] Jing jin and Heng-fu Zou (2002), “How does fiscal decentralization affect aggregate, national, and subnational government size?”, Journal of Urban Economic 52, Issue 2, 270-293.
    [100] Jordi Gali, Roberto Perotti, (2003), “Fiscal Policy and Monetary Integration In Europe”, NBER Working Paper 9773.
    [101] Kakwani N (1980), “Statistical Inference in the Measurement of Poverty”, Review of Economics and Statistics.
    [102] Kamps, C., (2001), “Fiscal Consolidation in Europe: Pre- and Post-Maastricht”, Kiel Working Paper No. 1028, Kiel Institute of World Economics.
    [103] Karras G (1993), “Employment and Output Effects of Government Spending: Is Government Size Important?”, Economic Inquiry Vol.XXXI, 354-369.
    [104] Karras G (1994), “Government Spending and Private Consumption: Some International Evidence”, Journal of Money, Credit and Banking, Vol.26, No.1, 9-22.
    [105] Karras G (1996), “The Optimal Government Size: Further International Evidence on the productivity of Government Services”, Economic Inquiry, Vol.XXXIV, 193-203.
    [106] Karras G (1999), “Taxes and Growth: Testing the Neoclassical and Endogenous Growth Models”, Contemporary Economic Policy, Vol.17, No.2, April: 177-188.
    [107] Kenneth N. Kuttner and Adam S Posen, (2002), “Fiscal Policy Effectiveness in Japan”, Journal of the Japanese and International Economies 16,536-558.
    [108] Kneller, Richard, Michael F. Bleaney and Norman Gemmell, (1999), “Fiscal policy and growth: evidence from OECD countries”, Journal of Public Economics, 74,171-190.
    [109] Knoop T. (1999), “Growth, Welfare, and the Size of Government”, Economic Inquiry 37, No.1, 103-119.
    [110] Kocherlakota, N. R., and C. Phelen, (1999),“Explaning the Fiscal Theory of the Price Level,” Federal Reserve Bank of Minneapolis Quarterly Review,14-23.
    [111] Koester, Reinchard B. and Komendi, Roger C. (1989), “Taxation, Aggregate Activity and Economic Growth: Further Cross-Country Evidence on some Supply-Side Hypotheses”, Economic Inquiry, Vol.XXVII, 367-386.
    [112] Kormendi, Roger C. (1983), “Government Debt, Government Spending and Private Sector Behavior”, American Economic Review 73, 994-1010.
    [113] Kormendi and Mequire, Philip G. (1985), “Macroeconomic Determinants of Growth: Cross-Country Evidence”, Journal of Monetary Economics 16, 141-163.
    [114] Kuznets, S. (1955), “Economic Growth and Income Inequality”, American Economic Review (3).
    [115] Landau, D. (1983). Government expenditure and economic growth: A cross-country study. Southern Economic Journal 49 (January): 783–792.
    [116] Landau, Daniel (1985), “Government Expenditure and Economic Growth in the developed Countries, 1952-1976”, Public Choice47 (3), 459-477.
    [117] Landau D. (1993), “The Economic Impact of Military Expenditure”, Policy Research Working Paper No.1138 (World Bank, Washington, D.C.).
    [118] Lane P. R., Perotti R., (2001), “The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes”, Trinity College Dublin CEG Working Papers, No.2001/11, Trinity College Dublin Economics Department, Dublin.
    [119] Levine, Ross & Renelt, David (1992), "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63.
    [120] Lim D. (1983), “Another Look at Growth and Defence in Less Developed Countries”, Economic Development and Culture Change 31, 377-384.
    [121] Lin (1994), “Government spending and economic growth”, Applied Economics.
    [122] Lucas, R.E. (1988), Jr., “On the Mechanics of Economic Development,” Journal of Monetary Economics, Vol. 22, 1988, 3-42.
    [123] Lu, D. (2002), Rural-urban income disparity: impact of growth, allocative efficiency and local growth welfare. China Economic Review.
    [124] Ludvigson, S., (1996), “The macroeconomic effects of government debt in a stochastic growth model”, Journal of Monetary Economics 38, 25–45.
    [125] Manage N., and Marlow, M.L. (1986). The causal relation between federal expenditures and receipts. Southern Economic Journal 52 (January): 617–629.
    [126] Martin Feldstein (2005), “Rethinking Social Insurance”, American Economic Review, March 2005, Vol.95, No.1, 1-24.
    [127] Matsuoka, M., (1996), “Measuring the Effects of Fiscal Policy in Japan”, Daiwa Institute.
    [128] McDermott, C. J. and R. F. Wescott, (1996), “An Empirical Analysis of Fiscal Adjustments”, IMF Staff Papers 43 (4), 725 – 753.
    [129] McKibbin, W.J., (1997), “Empirical Evidence on International Economic Policy Coordination”, in Fratianni, M., Salvatore, D. and von Hagen, J., Handbook of Macroeconomic Policy in Open Economies, Freenwood Press.
    [130] Meltzer, A.H., and Richard, S.F. (1983). Tests of a rational theory of the size of government. Public Choice 41: 403–418.
    [131] Miller S.M. and Russek F.S. (1997), “Fiscal Structures and Economic Growth:International Evidence”, Economic Inquiry, VolXXXV, 603-613.
    [132] Miller, S. and Russek, F., (1999), “The Relationship between large fiscal adjustments and short-term output growth under alternative fiscal policy regimes,” University of Connecticut Working Paper.
    [133] Missale, A., Giavazzi, F., and Benigno, P., (1997),“Managing the public debt in fiscal stabilizations: the evidence,” NBER Working Paper 6311, December.
    [134] Nakazato, Toru, (2002), “Non-Keynesian Effects of Fiscal Policy: A Survey”, Economic Analysis, Vol.163,71–90.
    [135] Nelson M. A. and Singh R.D. (1994), “the Deficit-Growth Connection: Some Recent Evidence from Developing countries”, Economic Development and Culture Change 43, No.2, 167-191.
    [136] Niels Hermes and Robert Lensink, (2001), “Fiscal policy and Private Investment in Less Developed Countries”, Discussion Paper No.2001/32.
    [137] Niloy Bose, Jill A Holman, Kyriakos C Neanidis (2007), The optimal public expenditure financing policy: does the level of economic development matter?, Economic Inquiry; June 2007; P433-452.
    [138] Niskanen W.A. (1997), “Fiscal Effects on U.S. Economic Growth”, 235-246.
    [139] Nutter, G.W. (1978). Growth of government in the West. Washington, D.C.: American Enterprise Institute.
    [140] OECD, (1996), “The experience with fiscal consolidation with OECD countries”, Economic Outlook 59, June, 33-41.
    [141] Owoye, O., Nyatepe-Coo, A.A. and Onafowora, O.A., (1995), “Another Look at the Evidence on the Efficacy of Monetary and Fiscal Policies in Developing Countries: An Application of the St. Louis Equation”, Indian Economic Journal, 43.
    [142] Peltzman, S. (1980). The growth of government. Journal of Law and Economics 23 (October): 209–287.
    [143] Perotti, R., (1999), “Fiscal Policy in Good Times and Bad”, Quarterly Journal of Economics 114 (4), 1399-1436.
    [144] Perotti, R., (2002), “Estimating the Effects of Fiscal Policy in OECD Countries”, ECB Working Paper 168.
    [145] Phillips, P.C.B., and P. Perron (2002), “Testing for a Unit Root in Time Series Regression,” Biometrica, Vol. 75, 2002, 335-46.
    [146] Peter Brandner, (1998), “Structural Budget Deficits and Sustainability of Fiscal Positions in the European Union”, Working Paper No.26,Oesterreichische National bank.
    [147] Philip R.Lane, (2003), “The Cyclical Behaviour of Fiscal Policy: Evidence From the OECD”, Journal of Public Economics 87, 2661-1675.
    [148] Pratrice Muller and Robert W.R.Price, (1984), “Structural Budget Deficit and Fiscal Stance”, Working Paper NO. 15, OECD Economics and Statistics Department.
    [149] Ram Rati (1986), “Government Size and Economic Growth: A New Framework and Some Evidence from Cross-Section and Time-Series Data”, American Economic Review 76, 191-203.
    [150] Ramey, V.A. and Shapiro, M.D., (1998), “Costly Capital Reallocation and the Effects of Government Spending”, NBER Working Paper No.6283, National Bureau of Economic Research.
    [151] Rasier KA (1998), “Political Shocks and the Deescalation of Protracted Conflicts”, Evolutionary Interpretations of World Politics.
    [152] Rebelo, S. (1991), “Long-run Policy Analysis and Long-run Growth,” Journal of Political Economy, Vol.99, 1991, 500-21.
    [153] Romer, P.M. (1986), “Increasing Returns and Long-run Growth,” Journal of Political Economy, Vol.94, 1986, 1002-38.
    [154] Romer PM (1990), “Endogenous Technological Change,” Journal of Political Economy, Vol. 98, 1990, S71-S102.
    [155] Romer, Christina and David Romer, (1994), “What Ends Recessions?” in S. Fischer and J. Rotemberg, eds. NBER Macroeconomics Annual, 13-57.
    [156] Ross Levine and David Renelt (1991), “Cross Country Studies of Growth and Policy: Some Methodological, Conceptual and Statistical Problems”, World Bank Working Paper Series No.608.
    [157] Ross Levine and David Renelt (1992), “A Sensibility Analysis of Cross-Country Growth Regressions”, American Economic Review 82, No.4, 942-963.
    [158] Rothchild K. W. (1973), “Military Expenditures, Exports, and Growth”, Kyklos 26, No.4, 804-813.
    [159] Rubinson, Richard (1977), “Dependency, Government Revenue, and Economic Growth, 1955-1970”, Studies in Comparative International Development 12, 3-28.
    [160] Scully, G.W. (1995), “The ‘Growth Tax’ in the United States”, Public Choice, Vol.85, 71-80.
    [161] Sheehey AJ (1993), “The effect of government size on economic growth”,Eastern Economic Journal.
    [162] Sims, Christopher A., (1994), “A Simple Model for Study of the Determination of the Price Level and the Interaction of Monetary and Fiscal Policy”. Economic Theory, vol.4, No.3, 381-399.
    [163] Sinn HW (2000), “Germany's Economic Unification. An Assessment after Ten Years”, National Bureau of Economic Research.
    [164] Solow, R.M. (1956), “A Contribution to the Theory of Economic Growth,” Quarterly Journal of Economics, Vol. 70, 1956, 65-94.
    [165] Steve Dowrick (1996), “Estimating the Impact of Government Consumption on Growth: Growth Accounting and Endogenous Growth Models”, Long-Run Economic Growth, Physica-Verlag Heidelberg.
    [166] Sutherland, A., (1997), “Fiscal Crises and Aggregate Demand: Can High Public Debt Reverse the Effects of Fiscal Policy?”, Journal of Public Economics 65,147 – 162.
    [167] Tao Zhang and Heng-fu Zou (1996), “Fiscal Decentralization, Public Spending, and Economic Growth in China”, Policy Research Working Paper, No.1608.
    [168] Taylor L., Faini P., Annex P. (1984), “Defence Spending, Economic Structure, and Growth: Evidence among Countries and across Time”, Economic Development and Culture Change 32, No.3, 487-498.
    [169] Taylor, J. B., (2000), “Reassuring Discretionary Fiscal Policy”, Journal of Economic Persrectives, 14, 21-36.
    [170] T.Laubach and J.C. Williams, (2003), “Measuring the Natural Rate of Interest”, Review of Economics and Statistics.
    [171] Toshihiro Ihori and Atsushi Nakamoto, (2005), “Japan’s Fiscal Policy and Fiscal Reconstruction”, Hi-Stat Discussion Paper Series d05-99, Institute of Economic Research, Hitotsubashi University.
    [172] Turnovsky S.G. (1989), “The Term Structure of Interest Rates and the Effects of Macroeconomic Policy”, Journal of Money, Credit and Banking 21, 321-347.
    [173] Van Aarle, B., Garretsen, H. and Gobbin, N., (2001), “Monetary and Fiscal Policy Transmission in the Euroarea: Evidence from a Structural VAR Analysis”, paper presented at a Vienna Institute for International Economic Studies seminar, Vienna.
    [174] Vedder RK, Gallaway LE (1998), “Government Size and Economic Growth”, Joint Economic Committee of the US Congress.
    [175] Vito Tanzi and Ludger Schuknecht (1997), “Reconsidering the Fiscal Role ofGovernment: the International Perspective”, American Economic Review 87, No.2.
    [176] Von Hagen, J., Hughes Hallett, A., Strauch, R., (2001), “Budgetary consolidation in EMU”, Economic Papers no.148. European Commission, Directorate-General for Economic and Financial Affairs.
    [177] Weber, C.E., (1999), “Fiscal Policy in General Equilibrium: Empirical Estimates from an Error Correction Model”, Applied Economics, 31.
    [178] Wu Y (1999), “Income Disparity and Convergence in China’s Regional Economies”, University of Western Australia Discussion Paper.

© 2004-2018 中国地质图书馆版权所有 京ICP备05064691号 京公网安备11010802017129号

地址:北京市海淀区学院路29号 邮编:100083

电话:办公室:(+86 10)66554848;文献借阅、咨询服务、科技查新:66554700