二元经济和成熟经济的增长:重新审视帕西内蒂定理和新帕西内蒂定理

Economic Growth in Dual and Mature Economies:Revisiting the Pasinetti and neo-Pasinetti Theorems

本文研究了在二元经济和成熟经济中,收入分配在平均储蓄率的决定和增长过程中的作用,重新审视了帕西内蒂定理和新帕西内蒂定理。利润份额可能会影响储蓄,因为不同家庭的储蓄率不同(帕西内蒂定理),或者因为企业保留了部分收益(新帕西内蒂定理)。这两种机制并不相互排斥,并且在成熟经济体中,有保证的增长率和自然增长率之间的一致性可以通过从就业到收入分配的反馈效应来实现。

This paper(ⅰ)examines the role of income distribution in the determination of the average saving rate and the growth process in dual and mature economies,and(ⅱ)revisits the Pasinetti and neo-Pasinetti theorems.The profit share may influence saving because of differences in the saving rates across households(the Pasinetti theorem)or because firms retain part of their earnings(the neo-Pasinetti theorem).The two mechanisms are not mutually exclusive,and the alignment between warranted and natural growth rates in mature economies can happen through feedback effects from employment to the distribution of income.