【摘要】 依据当前我国通货膨胀严重和地方投资过热同时并存这一经济现象,建立模型实证研究财政分权体制下地方政府投资对通货膨胀的影响。实证结果显示,地方政府投资是我国通货膨胀形成的一个因素,地方政府投资通过乘数效应拉动社会需求,同时不断增加的投资加强了对土地财政依赖,两者共同作用推动了通货膨胀上升。更多还原

【Abstract】 Based on the phenomenon that serious inflation and local investment overheated coexist now,we establish one empirical model in order to investigates into the impact of local government investment impact on inflation under fiscal decentralization system.The study indicates that the local government’s investment in China form a positive factor in inflation,local government investment windens the needs of the community through the multiplier effect of stimulating.At the same time,the increased investment strengthen the dependence on the land finance,the two together promotes a rise in inflation.更多还原