论文部分内容阅读
本文论述了经济增长、消费、储蓄和工资的相互作用,以及工资与物价在产生有效增长中的相互作用;进而评价了中国经济的效率,认为中国的经济受到资本生产率相对低下的困扰。文章的主要观点是:评价增长率的标准就是其对国家福利的贡献。但是,为此而对国家福利的估价不应只局限于某个特定时期,而应该综合考虑现在的福利与将来的福利,还要考虑到国家的目标以及数代人要求以自己的贡献及牺牲换取的报酬,可以牺牲增长,以满足目前的消费,或反之,其结果对现在和将来不同代人的收益也有所不同。据此,中国应选择稍微偏低的增长率和更多的消费。
This paper discusses the interaction of economic growth, consumption, saving and wages, as well as the interaction between wages and prices in generating effective growth. Furthermore, it evaluates the efficiency of China’s economy and argues that China’s economy suffers from relatively low capital productivity. The main point of the paper is: The criterion for evaluating growth rate is its contribution to the national welfare. However, the valuation of state welfare for this purpose should not be limited to a specific period, but rather should be based on a combination of current welfare and future welfare, taking into account national goals and several generations’ demands for their own contributions and sacrifices In exchange for remuneration, growth can be sacrificed to meet current consumption or, conversely, the result is also different for the benefit of different generations now and in the future. Accordingly, China should choose a slightly lower growth rate and more consumption.