摘要
对于我国经济周期的"微波化"趋势,本文探讨了市场化水平、所有制结构和经济周期之间的关系。我们认为,作为体制性波动和市场性波动的替代指标,国有企业波动幅度要大于民营企业波动幅度,而在不同市场化水平下,所有制结构与经济周期存在着非线性关系。进一步,基于1985—2009年的相关数据,本文利用HP滤波法和面板门槛模型分别对以上命题进行了实证检验,估计结果很好地证明了以上结论。这就意味着:稳步的推进市场化改革,深化国有企业改革,不仅有利于长期、持续的经济增长,同时还有利于实现"高位收敛"。
Under the background of narrowing fluctuation in Chinese business cycle, this paper discusses the relationship among the level of the market, ownership structure and business cycle. We believe that as the effective figm'es which substitute mechanism fluctuation and market fluctuation, the fluctuation of SOEs is bigger than the private enterprises, and there exists nonlinear relationship between ownership structure and business cycle when it locates in difl'erent market level. Apart ii'om this, based on relevant data from 1985 to 2009, we make an empirical analysis by using HP filter and Panel threshold model, and the result meets our expectation, which indicates that only promoting the reform of marketization and SOE, can we realize the successive economic growth and high level in convergence in business cycle.
出处
《中国经济问题》
CSSCI
北大核心
2013年第6期28-40,共13页
China Economic Studies
关键词
市场化水平
国有企业
民营企业
所有制结构
经济周期
Level of the Marketization
SOEs
private enterprises
ownership structure
business cycle