摘要
建立在基数法框架上的转移支付模式越来越不能适应全国经济发展以及西部开发的需要,公式化、规范化是转移支付的必然方向。文章在因素法分析的基础上,运用多元线性回归方法,提出一个均等化公式,对我国现今的转移支付方式进行了研究,提出了适应我国实施西部大开发战略的规范化的转移支付方式和思路。
In this paper, we analyze the different effects of two kinds credit regulations on economy under the condition of investment lags. The phase diagram shows that if the target is to accelerate economic growth, the credit and the consumption will fluctuate at the same direction, and the economy will tend to converge. Otherwise, if the target is to eliminate inflation, they will be at the opposite direction, and the economy will tend to diverge. The empirical results of China show that the credit change and consumption are positively correlated, which means that the target of China＇s credit policy is to accelerate economic growth. Meanwhile, the credit to investment does not show super exogenous, which indicates that with the change of China＇s credit policy, the credit effect on investment should be evaluated again. Finally, in order to stabilize the economy, the money policy should attend both credit and money supply, and target of the credit policy should be to accelerate the economy.
出处
《财经研究》
CSSCI
北大核心
2005年第8期111-123,共13页
Journal of Finance and Economics
基金
山西省高等学校青年学术带头人项目资助(20050312)
关键词
转移支付
因素法
西部
均等化模型
credit regulation
economic dynamics
investment
consumption
