政府规模对经济增长影响效应的GMM评价——基于市级面板数据的实证分析

GMM Evaluation of the Government Size to the Economic Growth Effects: the Empirical Analysis on the Municipal Panel Data

摘要: 政府规模会对经济增长产生直接和间接影响,其过度膨胀是一个世界性的难题。为考察我国政府规模对经济增长的影响,基于市级面板数据,应用GMM方法对政府规模的经济增长效应进行动态评价,检验政府规模对经济增长的影响。结论表明:政府规模的扩张对经济增长产生显著负效应,为促进经济发展,必须缩减政府规模。

Abstract: Government size effects the economic growth directly and indirectly, and its excessive expansion appears to be a worldwide problem. In order to study the impact of the government size on the economic growth in China, this paper attempts to evaluate the effects of the economic growth dynamically. The results show that enlarging the size of the government will inhibit the economic growth,then in order to promote the economic growth continually,reducing the size of the government is imperative.