两次金融危机后我国财政支出结构对居民消费率影响的比较分析  

A Comparative Analysis on the Effects of Fiscal Expenditure Structure on Household Consumption Rate in China after the Two Financial Crises

作　　者：刘江会[1] 董雯[2] 彭润中[3] 

机构地区：[1]上海师范大学商学院经济系 [2]上海师范大学商学院 [3]上海国家会计学院(财政部亚太财经与发展学院)财经研究所

出　　处：《财政研究》2016年第1期83-92,共10页Public Finance Research

基　　金：国家社科基金重大项目(13&ZD016);国家自然基金项目(71573178);教育部人文社科基金项目(13YJA790067);上海师范大学重点学科建设项目(A-0231-14-003001)支持

摘　　要：本文运用1997-2012年间的省级面板数据,分析了20世纪90年代以来我国在两次金融危机后财政支出结构与居民消费率之间的关系。研究显示,伴随大规模财政刺激计划所形成的财政支出结构在两次危机后具有明显的差异性,并且这种差异性与我国居民消费率在东南亚金融危机后呈下降态势而在全球金融危机后呈上升态势之间存在一定的关联性。两次金融危机期间我国财政刺激计划的经验证据还显示,提高以社会文教支出为主的民生性财政支出在整个财政支出中的比重,同时更加关注民生性财政支出的"公平性",对于当前和今后促进我国居民消费率的提升具有重要意义。Based on the provincial panel data in China from 1997 to 2012, this paper studies the relationship between the fiscal expenditure structure and the household consumption ratio in China after two financial crises since the 1990s. This study shows that： the expenditure structure of the massive fiscal stimulus plans implemented by Chinese government after Asia＇s financial crisis in 1997 and Global financial crisis in 2008 showed obvious differences. And the differences are related to the change tendency of household consumption rate in China during the same time. In addition, the empirical evidences of fiscal stimulus in China during two financial crises show that it is very significant for the improvement of household consumption to increase the share of livelihood-oriented fiscal expenditure in the all fiscal expenditure, and pay more attention to the ＂equity＂ of livelihood-oriented fiscal expenditure.

关 键 词：财政支出结构 居民消费率 金融危机 

分 类 号：F812.45[经济管理—财政学]