公共支出与我国经济增长方式转变——基于省际面板数据的实证检验

Public Expenditure and the Transformation of Economic Growth Pattern of China:An Empirical Analysis Based on Panel Data of China's Provinces

理论机制分析显示,公共支出既可能通过纠正私人投资的外部性对技术进步产生正向影响,进而促进经济增长方式向集约化方向发展;也可能通过刺激私人物质资本投资、劳动力和自然资源投入,强化粗放型经济发展模式。本文利用1995—2010年我国除西藏之外30个省(市、区)面板数据,基于FMOLS方法,考察了公共支出对我国经济增长方式转型的影响。结果表明,公共支出规模扩张强化了我国粗放型经济增长方式;公共支出结构变化对我国经济增长方式转型也没有起到显著的作用;公共支出效率提高则显著促进了我国经济增长方式的转变。

The theoretical analysis indicates that public expenditure can have positive impact on TFP through correcting the external effect of private investment, so as to accelerate the transition of economic growth pattern. At the same time, it can also simply stimulate private investment and the inputting of labor and nature resources, and therefore intensify the extensive economic growth pattern. By making use of panel data of China＇s 30 provinces （except Tibet）, and based on the FMOLS technique, we investigated the influence of public expenditure on China＇s economic growth pattern. The empirical results indicate that the expansion of public expenditure has intensified the extensive economic growth pattern of China; the changing of the structure of public expenditure has no significant influence on the transformation of economic growth pattern of China; and the improvement of efficiency of the public expenditure has positive impact on the transformation of economic growth pattern of China.