从法经济学基本定理看中国的经济增长

A Look at China's Economic Miracle from the Fundamental Theorems of Law and Economics

1978年以来的中国经济增长一直是国内外经济学者热议的话题。法经济学的斯密定理、科斯定理和霍布斯定理表明,自由交易是影响个人福利并且促进经济增长的重要因素;而要保证自由交易,人们必须界定好产权,并在自由交易不能达成时通过法律制度安排保证交易的进行。中国经济之所以能持续30多年的快速增长,恰恰在于政府做好了两件事情:第一,逐步界定和保护了产权;第二,通过法律促进了自由交易。

The sustainable economic growth of China since 1978 is still the hot topic of the economists at home and abroad. Smith Theorem, Coase Theorem and Hobbes Theorem, the fundamental theorems of law and economics, show that free trade is a very important factor which affects the individual welfare and promotes the economic growth. To make sure that people are able to trade freely, the property-rights should be clearly defined, and laws should be enacted to promote the free trade if people fail to do business by means of free trade. The cause of the sustainable economic growth of China since 1978 should be attributed to the defining and protecting the property-rights gradually and promoting free trade through the enforcement of the laws by the government.