基准收益率与经济增长的关系依存度研究

Research on dependence relations of MARR and economic growth

基准收益率是厂商投资所要求的回报率,是衡量投资项目在财务上是否达到要求的一个主要标准。在不存在制度性障碍和充分的市场竞争的条件下,根据均衡市场的思想,从理论上导出了基准收益率与经济增长正相关的结论,为基准收益率与经济增长的依附性提供理论基础。

Minimal Acceptable Rate of Return （MARR） is the rate of return which the firnls requests and the standard that the project must meet in the finance. Under the condition of the full market competition and without the system bar-rier, this paper, theoretically, had drawn the conclusion which MARR and the economy growth is relevant according to equilibrium thought, and provided the theoretical basis for the dependency, between MARR and economy growth.