“十一五”时期广东省积极财政政策效应实证研究

An Empirical Study on the Proactive Fiscal Policy Effects of Guangdong Province in the Eleventh Five-Year Plan Period

"十一五"期间,广东省经济保持快速增长,同时通货膨胀压力也不断凸显。对"十一五"期间广东省积极财政政策效应进行了实证研究。结果显示,实施积极财政政策既促进广东区域经济增长,也带来了通货膨胀压力,表明广东省仍有必要实施适度的积极财政政策,但应更加注重政策实施整体绩效,防控通胀预期。

The Eleventh Five-Year Plan period of Guangdong Province saw a continuous rapid economic growth and a concomitant increase in inflation pressure. It is, then, practically significant to examine the effects of the Province＇s implementation of proactive fiscal policies. This study focuses on the effects of proactive fiscal policies that Guangdong has enforced during this period. Results show that these policies contribute a lot to the regional economic growth and invite greater pressures on inflation as well. This suggests that it is still necessary that Guangdong should continue the implementation of moderately proactive fiscal policies, while a greater attention should be paid to the total performance of these policies and the preventive control over the inflation expectation.