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该文基于中国国内市场不断整合的事实,实证分析了市场整合、资源配置效率与经济增长三者之间的相互影响机制。文章通过总量生产率分解方法构造资源配置效率度量指标,利用1998-2007年中国工业企业的数据和省级面板数据实证分析检验了上述机制。为了确保实证结果的稳健性,该文采用中国各省份之间的交通成本构造市场整合的工具变量,然后用三阶段最小二乘估计方法排除扰动项同期相关的影响。结果表明:市场整合有助于省级资源配置效率的提高并促进人均GDP增长,所以当前我国应当大力破除地方政府的各种市场保护政策。
Based on the fact that China’s domestic market is continuously integrated, this article empirically analyzes the mutual influence mechanism between market integration, resource allocation efficiency, and economic growth. The article constructs resource allocation efficiency metrics through the method of total productivity decomposition, and uses the data from Chinese industrial enterprises in 1998-2007 and empirical analysis of provincial panel data to test the above mechanisms. In order to ensure the robustness of the empirical results, the paper adopts the transportation cost of the provinces in China to construct the instrumental variables of market integration, and then uses the three-stage least squares estimation method to exclude the influence of the disturbance period on the same period. The results show that market integration helps improve the efficiency of resource allocation at the provincial level and promotes GDP growth per capita. Therefore, at present, China should vigorously break down various market protection policies of local governments.