新增长理论及其对发展中国家的政策含义

New Growth Theory and its Policy Implication to Developing Countries

文章回顾了传统的和新的增长理论,讨论了公共政策是如何影响物质资本和人力资本的积累的。新增长理论及其实证研究总结出一套促进发展中国家长期经济增长的政策,如补贴教育、研究和开发、刺激物质资本投资、保护知识产权、激励新思想形成等等,重新确立了政策在经济增长中的重要作用。

On the basis of reviewing traditional and new growth theories, this article discusses how the differences in public policy can influence the incentives to acquire capital in both physical and human forms. New Growth Theory re-establishes the important position of policy in the process of economic growth. A summary of its empirical research has resulted in a set of policy to promoter the long-term economic growth of the developing countries, such as educational subsidies, research and development, incentives of capital formulation, patent protection and the encouragement of formation of new ideas.