中文摘要：

本文基于巴拉萨-萨缪尔森效应（以下简称B—S效应）考察区域间实际购买力与经济增长之间的关系，并将面板平滑转移模型首次引入到B—S效应的分析当中，考虑金融一体化程度与劳动力市场分割程度对我国省际人民币内部实际汇率与经济增长差异之间关系的影响。实证结果表明，我国存在着省际B—S效应，这种效应呈现明显的非线性特征，劳动力市场分割程度的上升以及金融市场的一体化程度的下降都不同程度的削弱了B—S效应的影响。

英文摘要：

This paper tests the relationship between the regional real purchasing power and economic growth based on the Balassa - Samuelson effect （ hereinafter referred to as B S effect）, and considers the impacts of financial integration and labor market segmentation on the relationship between internal real exchange rate RMB and economic growth convergence by introducing Panel Smooth Transition Regression Models to B_S effect anal- ysis. The empirical results show that B_S effect exists in the provinces of China and has distinct nonlinear char- acteristics, that is, the rising of degree of labor market segmentation and dropping of degree of financial integra- tion have weakened impacts of B_S effect in varying degrees.