投资性财政支出还是消费性财政支出,其立意源自区分政府的生产和消费活动,对经济增长的影响。研究述评发现,政府财政支出行为直接作用于需求和供给,因此其对经济的影响是最为直接。然而,单纯从政府支出数量的角度,考虑对内生经济增长的影响随机性过大。从种类上来看,不同的支出结构产生的增长效应大相径庭。而从支出力度来看,不同国家政府在消费性支出和投资性支出的优先次序选择,亦会对经济增长产生不同作用。 The investment expenditure is also the consumption expenditure, which is derived from the distinction between the government’s production and consumption activities and its impact on economic growth. Research review found that the government expenditure acts directly on the demand and supply, so its impact on the economy is the most direct. However, simply considering the amount of government spending, we consider that the impact on endogenous economic growth is too random. In terms of types, the growth effects of different expenditure structures are very different. From the perspective of expenditure, the priorities of consumer spending and investment spending by different governments in different countries will also have different effects on economic growth.