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技术冲击对经济高速增长与高储蓄之间决定性关系的影响

席晶等   

  • 出版日期:2014-07-15 发布日期:2014-07-14

The Impact of Technology Shocks on Determining the Relationship Between Economic Growth and High Savings

Xi Jing et al.   

  • Online:2014-07-15 Published:2014-07-14

摘要: 本文在离散的随机经济增长框架下,采用中国的实际数据,利用贝叶斯估计方法对模型的参数进行了校准和估计,在此基础上分析技术水平和技术增长率的暂时性和永久性变化对经济的影响。结果发现当且仅当技术增长率受到一个永久性的正冲击时,经济中储蓄率的运行方向才与经济增长率的一致,两者均不断攀升到新的均衡水平,并且储蓄率有可能随着经济增长的加速而最终变大,这种可能性取决于习惯形成强度的大小,不仅如此,习惯形成还能够直接改变储蓄率的大小。

关键词: 技术冲击, 习惯形成, 经济增长, 储蓄率

Abstract: This paper is based on the framework of stochastic economic growth under the discrete condition, we use Bayes estimation to calibration and estimation the parameters by using actual data. On this basis, we analyze the impact of the economy by temporary and permanent changing in the level and the growth rate of technology. The results found that if and only if a permanent positive impact on the technology growth can make the conclusion that the saving rate will be positive respect to the economic growth and will be rise to steady-state may be established. This possibility depends on the level of habit formation. Not only can it also directly affect the saving.

Key words: Technology Shocks, Habit Formation, Economic Growth, Saving Rate