The size of fiscal expenditure reflect the degree that government intervene in m a rket, if government intervene in market too much, the action of government will lower economic growth.In order to choose optimal size ...The size of fiscal expenditure reflect the degree that government intervene in m a rket, if government intervene in market too much, the action of government will lower economic growth.In order to choose optimal size of fiscal expenditure,the paper developed a endogenous growth model including government, and estimated th e optimal size of fiscal expenditure in china from experience, the period is fro m 1978 to 2000.The conclusion is the optimal internal budget size of fiscal expe nditure is 21 2%(fiscal expenditure relative to GDP),the total optimal size of fiscal expenditure is 24%(the total fiscal expenditure relative to GDP).展开更多
This article adopt the theory of cointegration to research the relation between Chinese economic growth and environmental pollution,and find there is no long term balanced relation between them.So the conclusion is :E...This article adopt the theory of cointegration to research the relation between Chinese economic growth and environmental pollution,and find there is no long term balanced relation between them.So the conclusion is :Economic growth can not spontaneous reduce pollution,To prevent the environment from deteriorating,it is necessary to make use of policy and prompting to encourage company to reduce pollution of per unit output.Or transform high-pollution industry to low-pollution industry.展开更多
文摘The size of fiscal expenditure reflect the degree that government intervene in m a rket, if government intervene in market too much, the action of government will lower economic growth.In order to choose optimal size of fiscal expenditure,the paper developed a endogenous growth model including government, and estimated th e optimal size of fiscal expenditure in china from experience, the period is fro m 1978 to 2000.The conclusion is the optimal internal budget size of fiscal expe nditure is 21 2%(fiscal expenditure relative to GDP),the total optimal size of fiscal expenditure is 24%(the total fiscal expenditure relative to GDP).
文摘This article adopt the theory of cointegration to research the relation between Chinese economic growth and environmental pollution,and find there is no long term balanced relation between them.So the conclusion is :Economic growth can not spontaneous reduce pollution,To prevent the environment from deteriorating,it is necessary to make use of policy and prompting to encourage company to reduce pollution of per unit output.Or transform high-pollution industry to low-pollution industry.
