摘要
股市持续繁荣,通过增加投资者的财富,刺激消费增长,改变短期边际消费倾向,扩大经济增长的乘数,促进经济增长;通过优化存量与增量资源的配置,使一国潜在的GNP扩大,推动经济持续增长。为更好地发展我国经济,必须扩大股市规模,改善股市发展的务件,创建持续繁荣的股票市场。但股市过度膨胀的负面影响也是不可忽视的。
Once the stock market is booming persistently, it will contribute to the economic growth in two ways. First, it can increase the wealth and the consumption expenditures of investors. As aresult, the short - term MPC and the multiplier of economic growth have been magnified. Second, it can optimize the allocation of the stock & the increment resources, and enhance the potential GNP of a nation. In order to take further advantage of the stock market to stimulate the consumption and the economic growth in china. we are bound to expand the size of the market, improve the development conditions of the market and set up a sustainedly prosperous and steady Chinese stock market. However, if the stock market inflates too much, the negative effect is due to appear.
出处
《岳阳职业技术学院学报》
2000年第4期15-20,共6页
Journal of Yueyang Vocational and Technical College
关键词
股市
消费函数
财富效应
边际消费倾向
资源配置
经济增长
Stock market, Consumption Function, Wealth Effect, MPC Resource Allocation, Economic Growth
