政府补助对企业费用粘性的影响机制研究

Research on the Impact Mechanism of Government Subsidies on Enterprise Cost Stickinesss

现有文献研究对政府补助和费用粘性的关系还未完全形成系统认知,文章立足于政府作为“有形之手”参与市场经济的现实背景,将政府补助和企业费用粘性纳入同一框架进行研究。结果显示,政府补助会增强企业费用粘性,且其形成机理主要受管理层代理、乐观预期和成本调整的影响,该成果对政府有效实施宏观经济调控有一定借鉴意义。

The existing literature has not complete systematic cognition of the relationship between goverment subsides and cost stikiness.Based on the realistic background of the government as a"visible hand"participating in the market economy,this article integrates government subsidies and enterprise cost stickiness into the same framework.The results show that government subsidies can enhance the stickiness of enterprise costs,and its formation mechanism is mainly influenced by management agency,optimistic expectations and cost adjustment.This achievement has certain reference significance for the government to effectively implement macroeconomic regulation and control.