开放经济中财政政策和内生增长的不确定性:多重稳态和多重均衡  

Fiscal Policy in Open Economy and the Indeterminacy of the Endogenous Growth: Multiple Steady State and Multiple Equilibrium

作　　者：祝树金[1] 赖明勇[1] 张新[1] 

机构地区：[1]湖南大学经济与贸易学院,410079

出　　处：《世界经济》2005年第6期53-59,80,共8页The Journal of World Economy

基　　金：国家社会科学基金重点项目(04AJL006);国家自然科学基金项目(70273010)资助

摘　　要：内容提要在开放经济条件下,把政府财政政策引入到人力资本驱动的两部门内生增长模型中,证明由于扭曲性税收政策的存在,经济更容易产生增长的不确定性。对应较高的人力资本生产技术水平,经济系统存在多重均衡点,其中一个是不稳定均衡点,另一个是局部稳定的均衡点,具有均衡的不确定性。This paper formulates a two-sector endogenous growth model with taxation policies in a small open economy, where human capital is the engine of economic growth. Due to the existence of distortionary taxes, indeterminacy can emerge for the relatively mild externalities. For a higher level of technology producing human capital, the economy could have multiple steady states, one of which is unstable and the other is locally stable state with indeterminacy of the equilibrium.

关 键 词：不确定性 财政政策 多重均衡 稳态 开放经济条件 内生增长模型 生产技术水平 均衡点 资本驱动 税收政策 人力资本 经济系统 稳定 部门 

分 类 号：F810[经济管理—财政学]