实施财政政策,通常是为取得对经济活动的导向、协调、控制和稳定等功能,但难免也会产生负面的挤出效应。传统的观点认为,财政政策的挤出效应是政府通过向公众和商业银行借款来实行扩张性财政政策,引起利率上升和借贷资金的竞争,导致民间部门支出减少,从而使财政支出的扩张作用部分或全部被抵消。可以说这对挤出效应是较为狭义的的理解,是对过去资金决定因 The implementation of fiscal policies is usually aimed at obtaining the functions of guiding, coordinating, controlling and stabilizing economic activities, but inevitably it will also have negative crowding-out effects. The traditional view is that the crowding-out effect of fiscal policy is that the government implements the expansionary fiscal policy by borrowing money from the public and commercial banks, which leads to the rise of interest rates and the competition of lending funds, which leads to the reduction of expenditures in the private sector, so that the expanding role of fiscal expenditure Or all are offset. It can be said that this squeeze effect is a more narrow understanding of the past funding decision