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基于省份异质性和市场不完善性,测算了中国各省份经济周期的福利成本与经济增长的福利得益。两者的比较分析表明,中国省份经济周期成本不容忽视,其高于美国州级数据的估算结果,经济稳定的重要性并不弱于经济增长。空间计量结果表明,省份经济周期福利成本、经济增长得益和经济稳定的相对重要性与工业化、对外开放、经济发展水平、政府规模等省份特征相关。
Based on the heterogeneity of provinces and market imperfections, the welfare benefits of economic cycles and economic benefits in each province in China were calculated. The comparative analysis shows that the cost of the Chinese economy can not be ignored, which is higher than the US state-level data. The economic stability is not weaker than the economic growth. Spatial measurement results show that the relative importance of provincial welfare cost, economic growth benefit and economic stability are related to the provincial characteristics such as industrialization, opening up, level of economic development and government scale.