摘要
本文探讨资本深化和有偏技术进步对全要素生产率的交互影响机制,并利用1999-2016年中国制造业大中型企业分行业数据,采用增长核算和计量回归两种方法对理论机制进行检验。研究结果表明,资本深化程度、技术进步偏向性及二者对全要素生产率的交互影响效应在制造业行业间具有明显的异质性特征;与基期相比,中国制造业资本深化程度呈现上升趋势且技术进步偏向资本,资本深化程度和技术进步偏向性相匹配,从而推动了全要素生产率的增长;资本偏向型技术进步有助于削弱资本深化对全要素生产率增长的不利影响,但是未能完全抵消资本深化对全要素生产率增长的直接抑制作用。
Based on the growth accounting approach of standardised CES production function, this paper theoretically explores the interactive influence mechanism of capital deepening and biased technological progress on the TFP. Both the growth accounting approach and the econometric regression model are used to examine the preceding mechanism by using industrial-level panel data taken from large and medium-sized Chinese manufacturing enterprises from 1999 to 2016.'Hie results suggest that the degree of capital deepening, the direction and degree of biased technological progress and their interaction effect on TFP are clearly heterogeneous among 27 manufacturing sectors. In addition. the overall degree of capital deepening shows an upward trend, while technological progress is capital-biased within China’s manufacturing industry, which means that capital-biased technological progress is appropriate for capital deepening and promotes TFP growth. Capital-biased technological progress has a corrective effect on the directly adverse effect of capital deepening on TFP growth. However, the direct effect plays a dominant role in influencing TFP growth.
作者
余东华
张鑫宇
孙婷
Yu Donghua;Zhang Xinyu;Sun Ting
出处
《世界经济》
CSSCI
北大核心
2019年第8期50-71,共22页
The Journal of World Economy
基金
教育部人文社会科学研究规划基金项目(19YJA790109)
教育部人文社会科学研究青年基金项目(19YJC790119)
山东省自然科学基金面上项目(ZR2019MG018)的资助
关键词
资本深化
技术进步偏向性
全要素生产率
交互影响效应
capital deepening
biased technical progress
total factor productivity
interaction effect
