基于扩展的柯布-道格拉斯生产函数,从供给的角度,以制成品出口取代总出口作为国际贸易中技术溢出的代理变量,构建了制成品出口导向型增长模型。利用修正的模型考察了东亚新兴经济体在2008年全球金融危机前后技术溢出变动对经济增长的影响。动态面板的最小二乘虚拟变量法检验结果表明,从长期看,东亚新兴经济体制成品出口的技术溢出效应与经济增长正相关,制成品出口确实提高了该地区的增长效率。但是金融危机后,制成品出口的技术溢出效应显著减弱,意味着对经济增长的推动作用急剧下降。因此,抓住全球经济结构调整的时机,修正出口导向型的增长模式迫在眉睫。
Based on augmented Cobb-Douglas production function, this paper substitutes the gener- al export with the industrial products export as the proxy variable of technical spillovers in the for- eign trade and builds an industrial products export-oriented growth model from the perspective of sup- ply. Then it makes use of the modified model to study the impacts of the changes of technology spillovers of East Asian Emerging Economies (EAEE) before and after the 2008 global financial crisis on the economic growth. The results of the dynamic panel test with the least square dummy variable method show that in the long run the technology spillover effects of the industrial products export of EAEE is positively correlated with the economy growth, and the industrial product exports have in- deed promoted the growth efficiency of that area. However, the technology spillover effect of the in- dustrial products has faded significantly after the global financial crisis, which indicates that that effect on economic growth is dropping sharply. Therefore, it is urgent to catch the opportunity of global e- conomic restructuring and to modify the export-oriented growth model.