内生经济增长理论框架下的市场失效与财政政策

Endogenous Growth Theory,Market Failures and Fiscal Policy

内生经济增长理论认为,知识和人力资本的外部效应与创新带来的垄断势力推动经济增长的同时,也会带来非帕雷托最优的经济增长收入分配的不公平,将阻碍经济增长;加快知识和人力资本积累、促进技术进步以及缓解收入分配不公平的财政政策能纠正市场失效,使长期经济增长达到社会最优。

In the framework of endogenous growth theory, the spillover effect of knowledge or human capital, the monopoly power brought by innovation are not only the source of economic growth, but also can lead the economic to a non - Pareto optimal growth rate. Also, income inequality will have negative influence on the economic growth. Fiscal policies that aim at increasing knowledge and human capital accumulation, stimulating technology improvement and alleviating income inequality will correct the market failures and lead the economic growth to the social optimal state in the long run.