经济学报2025，Vol.12Issue(1)：1-18,18.
政府行为的经济效应:一个多级政府的宏观分析框架
The Economic Effects of Government Behavior:A Macroeconomic Theory of Multi-Layered Governance in China
摘要
Abstract
Developing a macroeconomic theory for China's transitional economy requires a micro-foundation that accounts for both government and market.This paper proposes a macroeconomic framework featuring endogenous decision-making by multi-layered governments,with central-local strategic interactions and regional competitions.By incorporating the central government's bottom-line constraint and local government performance evaluation,we explore the intrinsic mechanism driving the shift in top-down evaluation systems from single target to multiple targets and the regional spillover effects of endogenous target transformation.This framework captures the endogenous selection and evolution of macroeconomic policies and their transmission across different levels of government and market participants.The paper sheds light on how government behaviors shape macroeconomic dynamics.We apply the theoretical framework to analyze two cases:the transition of environmental policies in the course of economic development and the reform of local government debt.We also discuss potential extensions,including incorporating local governments'explicit constraints,economic uncertainty,and dynamic general equilibrium settings.By adopting a micro-founded perspective on government decision-making,this study provides a rigorous theoretical framework for understanding China's macroeconomic dynamics.关键词
政府行为/央地关系/策略互动/内生波动分类
社会科学引用本文复制引用
许志伟,张哲玮,俞锦祥..政府行为的经济效应:一个多级政府的宏观分析框架[J].经济学报,2025,12(1):1-18,18.基金项目
本研究受教育部哲学社会科学研究重大专项"不确定性、宏观政策与中国经济韧性"(项目编号:2023JZDZ021)的资助. （项目编号:2023JZDZ021）
