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首页> 外文会议>2012 IEEE 5th International conference on management engineering amp; technology of statistics >Government Consumption and Private Consumption: Keynesian effects and Non-Keynesian effects
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Government Consumption and Private Consumption: Keynesian effects and Non-Keynesian effects

机译：政府消费和私人消费：凯恩斯效应和非凯恩斯效应

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摘要

Using the MS-VAR model,we estimate the effectiveness of fiscal policy since the reform and open policy in China.The estimated results show that China's fiscal policy demonstrates a Keynesian effect during the period of 1979-1984 and 1998-2008,but a non-Keynesian effect during the period of 1985-1997.Suggesting that the government spending has non-linear effect on private consumption,simultaneously the expansionary fiscal policy is effective since 1998,and the conversion of the "double loose" policy into implementation of the "double stable" fiscal and monetary policies are correct under the situation of partial overhead national economy.Finally,this study illustrates that,not the initial financial conditions and fiscal adjustment range,but the development degree and characteristic change of Chinese goods and labor markets are the main causes of the nonlinear effect of fiscal policy on private consumption.
机译：使用MS-VAR模型，我们估计了改革开放以来中国财政政策的有效性。估计结果表明，中国的财政政策在1979-1984年和1998-2008年期间表现出凯恩斯效应，但没有-1985年至1997年期间的凯恩斯效应。这表明政府支出对私人消费具有非线性影响，与此同时，扩张性财政政策从1998年开始生效，并且将“双重宽松”政策转化为实施“最后，本研究表明，不是初始的金融条件和财政调整范围，而是中国商品和劳动力市场的发展程度和特征变化是正确的。财政政策对私人消费产生非线性影响的主要原因。

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