摘要
以诺斯为代表的经济学家认为,制度是决定经济增长的关键性因素。从微观企业层面看,经济增长来源于两个方面,一方面是企业内部微观生产率的提高,另一方面则是企业间资源配置效率的提升。中国的市场化转型本身是一场大规模的制度变迁,本文使用中国工业企业数据库,考察了制度对企业微观生产率和企业间资源配置效率的影响。我们发现,(1)制度可以通过激励机制的改善提高企业内部的资源配置效率,从而提高企业微观生产率。(2)制度可以使投入要素更多地由低生产率企业流动到高生产率企业,从而改善资源在企业间的配置效率,减少资源误置现象。
Many economists, represented by North, have argued that institutions are the most fundamental causes of economic growth. From the view of firm, economic growth results from two sources: one is intra-firm productivity growth which is obtained from technology progress, and the other one is the efficiency improvement of inter-firm resource allocation. China's economic transition process from a planned economy to a market economy is a large-scale and discontinuous institutional change. Using China Industrial Enterprises Database, this paper investigates the impacts of institutions on micro productivity of firms and inter-firm resource allocation efficiency. The results are: (1) through the improvement of incentives, institutions can boost intra-firm resource allocation, thus improve firm's productivity; (2) institutions can improve the efficiency of intra-firm resource allocation and promote the flow of input factors to high-productivity firms, thus reducing resource misallocation.
出处
《财贸经济》
CSSCI
北大核心
2014年第8期104-114,共11页
Finance & Trade Economics
基金
中国人民大学科学研究基金(中央高校基本科研业务费专项资金)项目的资助
关键词
制度
制度变迁
企业生产率
资源误置
Institutions, Institutional Change, Firm Productivity, Resource Misallocation