制度创新与经济增长——一个理论分析框架及实证检验

Institutional Innovation and Economic Growth——A Theoretical Analysis Framework and Empirical Test

任何经济增长过程都是在一定的制度环境中进行的，有必要将制度因素纳入经济增长理论当中。在新古典经济学框架下，本文通过理论模型分析，认为稳态下的经济增长率跟制度创新有着紧密的正向关的关系。在理论分析的基础上，本文基于1978～2012年的省际面板数据，利用半参数估计和线性回归估计方法，实证分析结果表明：国家财政干预的增强、国有经济的强化和垄断作用加强从整体上抑制了我国以及不同地区的经济增长，提高市场开放度和对产权的保护程度则对经济增长产生了积极的正向促进作用．制度差异是引起我国区域经济增长差异的重要因素之一，制度创新仍是当前我国经济增长的关键。

All the economic growth process is carried out in a certain institutional environment, so it is necessary to bring the insti- tutional factor into the analysis of economic growth theory. So the paper attempts to model the institutional factor in the framework of neo- classical economics and holds the view that the steady economic growth rate has a close positive relationship with the institution innovation. Besides, on the basis of theoretical analysis, this paper employs the provincial panel data from 1978 to 2012 to establish the semi - param- eter estimation and the linear regression estimation and the empirical analysis shows that the strengthening of the national fiscal intervention and the enforcements of the monopoly of state - owned economy have suppressed the economic growth of China and internal different re- gions, on the other hand, the enhancement of market opemless and the protection degree of property rights plays positive role in the eco- nomic growth and so institutional difference is one of the most important reasons that lead to the disparity of regional economic growth in Chi- na and institutional innovation is still the key to Chinese current economic growth.