摘要
自1998年下半年开始,我国政府实施了以财政扩张为特征的积极财政政策,以增发国债促进社会投资的增加。但一些学者认为国债的发行对民间投资产生了“挤出效应”。本文以国债投资促进经济增长为出发点,对中国积极财政政策国债拉动效应进行了实证分析并得出结论:国债发行不会对民间资本的投资产生“挤出效应”,反而由于我国国债投资的同时具有很强的生产性,因而对民间投资具有“挤进效应”。
Since the half past year of 1998, Chinese government implemented positive financial policy characterized with financing expanding by adding publishing national debt, for the purpose of increasing social investment. However, some learners think the publishing of national debt made an 'extrusive effective' of civilian investment.This paper starts from the investment of national debt accelerating economy increase,and demonstrates the national debt's haul effective of Chinese positive financing policy.The conclusion is:national debt publishing cannot make the 'extrusive effective'of civilian investment,but a 'crowd effective'because of the nature of production at the same time as Chinese national debt's investment.
出处
《哈尔滨商业大学学报（社会科学版）》
2002年第3期80-85,共6页
Journal of Harbin University of Commerce:Social Science Edition
关键词
国债
挤出效应
挤进效应
national debt
extrusive effective
crowd effective
