摘要
基于霍尔不确定条件下的消费理论,建立了一个分析消费决策的模型,并利用我国1992-2008年的省际面板数据进行实证分析。结果显示,减税与扩大政府支出都对消费有正向影响;投资收益的增加则会减少消费。在经济衰退时,减税和增加财政支出是提高消费、扩大内需的有效手段。在当前经济脆弱时期,采取积极的财政政策,扩大在民生领域的财政支出,是带动当前经济增长和奠定未来发展基础的最佳政策选择。
According to Hall＇s theory about consumption under uncertainty,this paper constructs a model of consumer decision analysis to conduct an empirical test with China＇s provincial panel data from 1992 to 2008.The result indicates that both tax-cuts and increase of government expenditure have a positive effect on consumption,while the increase of returns of investment will reduce consumption.So during the economic recession,tax cut and increase of government expenditure are both effective means to enhance consumption and expand domestic demand.While during the current economically fragile period,to adopt the active fiscal policy and expand the fiscal expenditures in the people＇s livelihood is the best policy choice to promote current economic growth and lay solid foundation for future development.
出处
《当代财经》
CSSCI
北大核心
2010年第11期35-41,共7页
Contemporary Finance and Economics
关键词
税收
政府支出
消费
财政政策
投资收益
tax
government expenditure
consumption
fiscal policy
return of investment
