中国经济增长与通货膨胀:非典型滞胀特征

China’s Economic Growth and Inflation:Non-typical Stagflation Characters

近年来,中国的宏观经济运行出现了高增长、低就业并存,资本存量与收入流量失衡的新局面。这种现象无法用传统的典型滞胀理论来解释说明,因此,构建一种针对中国实际情况的分析视角和方法的需要变得更为迫切。基于纯货币经济的分析方法,本文将中国的经济增长与通货膨胀归纳为一种含有非典型滞胀特征的经济现象。

In recent years, china＇ s macroeconomic operation has some new features, the coexistence of high growth rate and low employment rate, the non- equilibrimn of capital stocks and income flows, This phenomenon can not be explained by a traditional typical stagflafion theory. Therefore, comtructing a new perspective and method to analyze the actual situation of china is needed. Based on a pure monetary economic analysis method, china＇ s economic growth and inflation can be interpreted as an economic phenomenon with non- typical stagflafion characters.