中文摘要：

本文以中国城乡二元经济结构为背景,考虑农村劳动力向城镇转移的城镇化,利用代际交叠模型推导出了城镇化进程中城乡二元经济动态有效率应满足的条件,扩展了AMSZ准则。采用1992-2012年的数据对中国经济动态效率进行了再检验,实证分析发现,自90年代初期以来,中国经济长期处于动态无效的状况。

英文摘要：

Given the urbanization of rural labor transferring to cities and set in China＇s urban-rural dual economic structure,this paper deduced the conditions which the rural-urban dual structure should satisfy in the urbanization process based on the overlapping generations model,thereby expanded the AMSZ criterion.Moreover,this paper retested China＇s economy dynamic efficiency with the data from 1992to 2012.The empirical analysis suggests that,China＇s economy is still in a dynamic inefficiency condition since the early 1990s.