资本深化对中国制造业劳动生产率的影响:市场选择与政府行为  

The Impact of Capital Deepening on China's Manufacturing Labor Productivity:Market Selection and Government Behavior

作　　者：杨校美[1,2] 谭人友[3,4] 

机构地区：[1]河南大学统计学博士后流动站 [2]河南大学经济学院 [3]中国长城资产管理股份有限公司博士后工作站 [4]北京大学经济学院博士后流动站

出　　处：《南方经济》2017年第7期51-69,共19页South China Journal of Economics

基　　金：国家社科基金一般项目(项目编号:17BTJ004);中国博士后科学基金面上项目(项目编号:2017M612382;项目编号:2016M600830)的资助

摘　　要：文章基于市场选择与政府行为的视角,将资本深化分解为工资上涨引致的资本深化和政府投资引致的资本深化,利用2000-2014年中国制造业28个分行业的面板数据,实证检验了资本深化对中国制造业劳动生产率提升的影响。研究结果表明,工资上涨引致的资本深化能显著的促进中国制造业劳动生产率的提升,而政府投资引致的资本深化却对中国制造业劳动生产率的提升产生了不利的影响。进一步的研究发现,政府投资引致的资本深化与中国制造业劳动生产率之间呈现出显著的"倒U型"关系,其临界值为政府投资引致的资本深化达到0.057左右,目前越过该临界值的制造业行业有20个,且主要集中在重化工业制造业。而未越过该临界值的制造业行业有8个,主要分布于轻工业制造业。这一研究结果为中国"去库存、去产能"的供给侧结构性改革提供必要的经验支持。Capital deepening market plays an and important part in manufacturing labor productivity growth.deepening This behavior,and bases on wage selection capital government paper decomposes capital into ascending China＇s-led deepening and government investment 2000-led capital deepening.Using 2014,empirical 28 sub-sectors capital panel date from to manufacturing investigation is conducted results with the impact of deepening on China＇s manufacturing labor productivity.promote The showed that labor ascending wage led capital deepening can significantly capital China＇sproductivity,but manufacturing China＇s government investment research-led deepening is harmful to manufacturing deepening labor productivity.Further findings that government investment-led capital and the China＇s manufacturing labor productivity investment has-led a＂reverse capital U-shaped＂is relationship,and Nowadays,the heavy critical point is that government over deepening 0.057.industries,and industries the critical point have have eight for twenty manufacturing focus on on industries,and chemical industries.No cross the critical point focus side light industries.destocking This and results provide excessive necessary industries empirical support China＇s supply reform of cutting capacities.

关 键 词：工资上涨 政府投资 资本深化 劳动生产率 

分 类 号：F404.3[经济管理—产业经济]