化解过剩产能:基于供求再平衡视角的制度分析

An Institutional Study of Excess Production Capacity Based on the Perspective of Rebalance of Demand and Supply

通过在供求再平衡视角下讨论如何运用供给侧结构性改革来化解过剩产能。研究认为,供求再平衡作为经济发展新常态的主要特征,要求在提高供给侧体系的质量和水平的过程中,寻求组织形态产能与资本形态产能之间的再平衡,因此供给侧结构性改革是化解过剩产能的核心手段。由于供求再平衡过程中资源配置存在不同形式,并往往导致差异性后果,因此当出现过剩产能时,制度创新是其中至关重要的化解机制。过剩产能是一个相对测度值,化解它既不能破坏社会生产力整体功能,保持行业产能供给与需求动态平衡,更不能因局部需求结构出现量价回升,让过剩的落后产能死灰复燃。

From the perspective of rebalance of demand and supply, this article discusses how to neutralize excessive production capacity through supply-side structural reform. The supply-side structural reform is the most important way to neutralize excessive production capacity. That means getting to rebalance of the capacity of organization and capital is important to improve the quality of the supply-side. Rebalance is the major metrics of new normal. Because of the different forms of resource allocation, institutional innovation is very important for neutralizing the excessive production capacity. Excessive production capacity is relative concept. It is unacceptable to destroy the major function of production or to rebound after neutralizing it.