摘要
投资规模扩大和投资效率提高是推动经济增长的重要动力。通过向量自回归模型实证检验中国投资增长、投资效率与经济增长的动态关系,发现投资增长和投资效率提高均能促进中国经济增长,但中国经济发展长期高度依赖投资规模的扩张,投资效率没有得到相应提高,经济增长的可持续性正面临挑战。为实现可持续发展,中国经济需要转变发展方式,实现投资规模驱动型增长方式向投资效率提高驱动型增长方式的转变。
The expansion of investment scale and the improvement of investment efficiency are important driving forces of economic growth. This paper uses vector auto-regression model to test the dynamic relationship among the China＇s investment scale, investment efficiency and economic growth. We find that the expansion of investment scale and the improvement of investment efficiency can both promote China＇s economic growth. But China＇s economic growth highly depends on the expansion of investment scale, investment efficiency has not been a corresponding increase, the sustainability of economic growth is facing challenges. To achieve sustainable development, China＇s economic development pattern should shift from investment-driven growth pattern to efficiency-driven growth pattern.
出处
《经济与管理》
CSSCI
2013年第10期45-49,共5页
Economy and Management
基金
教育部人文社会科学研究青年基金项目(10YJC790266)
汕头大学科研启动经费资助项目(2010STF1011)
关键词
经济增长
投资规模
投资效率
VAR模型
Economic growth
Investment scale
Investment efficiency
VAR model
