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Carolyne · 2024年05月06日

新古典 Y

NO.PZ2023041102000045

问题如下:

Rajan responds, "I too like examining a country's steady state rate of growth, but I prefer to go deeper by examining the impact of various factors on a country's economy from the standpoint of the neoclassical model. Based on my readings and analysis of the macro-economic data, I came up with the following conclusions for the three countries where we hold significant positions."

Country X: It is experiencing a higher level of capital accumulation and a rapid increase in business investment. Taken together, these two developments indicate a higher growth rate of output and potential GDP.

Country Y: Its government is investing in advanced technologies and initiating measures to achieve growth in total factor productivity. Even though the country is experiencing diminishing marginal returns to capital, I believe it will be able to sustain growth in per capita GDP.

Country Z: Its data show increasing trends in the rate of savings, growth rate of the labor force, and the depreciation rate that, I believe, will result in a permanent improvement in the growth rate of output per worker.

Which of Rajan's conclusions regarding the neoclassical model is most accurate? His conclusions pertaining to Country:

选项:

A.Z.

B.Y.

C.X.

解释:

Rajan’s conclusions pertaining to Country Y are most consistent with the neoclassical model. Because of diminishing marginal returns to capital, the only way to sustain growth in potential GDP per capita is through technological change or growth in total factor productivity. This change results in an upward shift in the production function—the economy produces more goods and services for any given mix of labor and capital inputs.

拉詹关于Y国的结论与新古典主义模型最为一致。

由于资本边际收益递减,维持潜在人均GDP增长的唯一途径是通过技术变革或全要素生产率的增长。这种变化导致了生产函数的向上移动——在任何给定的劳动和资本投入组合下,经济生产出更多的商品和服务。

新古典老师说是偶然的一次科技进步 没说要投资产生科技呀

4 个答案

笛子_品职助教 · 2024年05月09日

嗨,爱思考的PZer你好:


好的谢谢 再请问这个 initiat ing measures to achieve growth in TFP难道不是investment increases TFP吗

Hello,亲爱的同学~

initiat ing measures to achieve growth in TFP是指:TFP增长了。但TFP增长的原因,并没有明确。它可以是偶然发生的。

investment increases TFP是指,投资促进TFP增长。非常明确清晰的阐述了TFP增长的原因。

同学注意区分,这两者,在表述上的区别。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

笛子_品职助教 · 2024年05月09日

嗨,努力学习的PZer你好:


那请问投资科技的英文正确表达是什么?

Hello,亲爱的同学~

按照基础讲义的描述是:investments increase TFP。

或者是:technology growth emergers as a result of investment。

这样的表述,都非常明确直接。


但本题的关键词不在同学所认为的,投资驱动科技,还是投资伴随科技。

毕竟同学想要的内生性增长,并不存在 diminishing marginal returns to capital的现象。

如果投资可以驱动技术,则投资增加,技术增加,TFP就增加了,投资的回报是增加的,不是递减的。

Y国家既然有diminishing marginal returns to capital,那么就说明:投资没有驱动技术进步,投资和技术,只是是独立的伴随的关系。

因此,是diminishing marginal returns to capital,决定了,Y国家不可能是同学所说的内生性增长。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

Carolyne · 2024年05月09日

好的谢谢 再请问这个 initiat ing measures to achieve growth in TFP难道不是investment increases TFP吗

笛子_品职助教 · 2024年05月09日

嗨,爱思考的PZer你好:


government is investing in advanced technologie 这句话不就是说 投资产生科技吗?为什么说Y国没有投资产生科技。

Hello,亲爱的同学~

同学误解了这句英文的意思了。

这句话翻译成中文,并不是同学所说的,投资产生科技。

这句话正确的翻译是:政府在高技术行业做投资。

同学注意:在高技术行业做投资,不等于,投资产生科技。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

Carolyne · 2024年05月09日

那请问投资科技的英文正确表达是什么?

笛子_品职助教 · 2024年05月07日

嗨,爱思考的PZer你好:


新古典老师说是偶然的一次科技进步 没说要投资产生科技呀

Hello,亲爱的同学~

新古典是偶然的一次科技进步,并不是投资产生科技。

同学的这个理解是非常正确的。


两者区别如下:

这一页基础讲义的知识点内容,老师总结一下:

新古典:投资和伴随着技术进步。这两件事情是独立的,是伴随关系。

内生:投资是技术进步的原因。这两件事情是关联的,是因果关系。


结合本题,Y国家,并没有发生同学所认为的投资产生科技的情形。

我们看Y国家,虽然它也在一些技术行业有投资,并且TFP在增长。

但题目并没有说,TFP的增长,是由于技术投资导致的。

也就是说,投资技术行业,与TFP增长,之间并没有因果关系。只是伴随关系。

伴随关系,是新古典的特点。


另外同学注意:除了投资与TFP,可以判断Y国家是新古典,还存在其他线索也可以判断Y国家是新古典。

我们看新古典的特征知识点:


而Y国家: experiencing diminishing marginal returns to capital

diminishing marginal returns to capital正是新古典理论的关键特征。



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努力的时光都是限量版,加油!

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