中、日“改革”后财政支出对经济影响的比较

Comparative Analysis of the Effect of Fiscal Expenditure to Economy after the Reform in China and Japan

首先,对模型的选取进行了说明,指出Barro、Sala-i-Martin(1992)的第二类模型较为可取。然后,运用VEC模型分析了我国改革后财政支出对经济的影响,运用VAR模型分析了日本宪制改革后财政支出对经济的影响,并将二者做了比较。最后得出,我国改革后财政支出与经济增长形成了协整均衡关系,财政支出有短期作用,但最终作用为负;日本宪制改革后,财政支出作用稳定且最终作用为正,比我国效果更佳;从日本来看,宪制体制改革确实对于财政支出作用的改善具有一定影响。

The author firstly illuminates the causation of choosing the second version of the Barro, Sala - i - Martin（1992） model, then makes a comparative analysis of the effect of fiscal expenditure to economy about after the reform in China by VEC model and after the constitutional Reform in Japan by VAR model, moreover makes the conclusion： firstly, it has being formed the co - integration and it has being the short- term effect of fiscal expenditure to economy after the Reform in China but the long- term effect being negative; secondly the effect of it after the constitutional Reform in Japan was better effect with stable and long- term- positive than our effect, thirdly constitutional Reform is testified being some action to impove the effect of fiscal expenditure to economy.