摘要
运用投资率及增量资本产出比（ICOR）对我国的宏观投资效率进行比较分析表明，我国宏观投资效率仍较低．这又导致投资率和消费率失衡，加大金融潜在风险和财政负担，加剧资源浪费和环境污染。而其原因在于政府主导的投资体制、国有企业投资效率偏低、金融市场化程度较低等。提高我国宏观投资效率，应消除体制障碍．改变我国投资的形成机制。
This paper, using investment rate and incremental capital-output ratio （ICOR）, investigates China＇s investment efficiency at macro-economic level. We find that China＇s investment efficiency at macro-economic level is low. This leads to the imbalance of investment rate and consumption rate, the increase of finance risk and fiscal burden, the aggravation of resources waste and environmental pollution. The reason lies in government-dominating investment system, the low investment efficiency of state-owned enterprise, the low degree of finance marketization. In order to improve investment efficiency at macro-economic level, we should eliminate system obstacle, change the formation mechanism of investment in China.
出处
《改革》
CSSCI
北大核心
2007年第7期29-33,共5页
Reform
关键词
投资率
增量资本产出比
宏观投资效率
investment rate, incremental capital-output ratio, investment efficiency at macro-economic level
