市场化、城市化与中国经济增长:一个动态的视角

The Marketization,Urbanization and Economic Growth in China:a Dynamic Perspective

市场化和城市化曾经是而且在未来也将是影响中国经济增长的重要因素。在理论上,可以明确地得到它们对经济增长具有积极作用的结论,但却没有经验研究对此提供支持。文章使用中国改革开放以来的年度数据,运用脉冲响应函数及方差分解的方法对这一问题进行了经验研究。结果表明,市场化和城市化会促进经济增长,而且长期效应大于短期效应。

The important factors for China economic growth include both the marketization and urbanization. It is clear that theoretically they have positive effect on economic growth, but there is not evidence to support this viewpoint. This study makes an empirical research on this issue by using impulse response function and variance decomposition methods. Conclusion is that the marketization and urbanization can increase GDP in short term or in long term.