中国省际工业资本利润率计算及其变动新趋势分析

摘要

Based on measuring China's regional industrial capital with the PIM , this study calculated the capital profit margin of different provinces in China , and thereupon analyzed the characteristics of the re-gional industrial capital profit margin and the changing trends of the capital profit rates .Thus, the following conclusions are drawn:(1) On the whole, the characteristics of the industrial capital profit rate in most of Chinese provinces present an “N”-shaped trend , which was mainly caused by the declining of profit shares;(2) after the financial crisis , the developing trend of the provincial and municipal profit rates presents sali-ent features , especially those increases in Shanghai and Chongqing , which were mainly boosted by techno-logical progress and the decline of labor costs respectively .%根据永续盘存法（ PIM）对省际工业资本存量进行估算，计算了中国各省市的资本利润率，对中国区域工业资本利润率和相关省市工业资本利润率变动趋势特征分析，得出以下结论：（1）整体上，中国大部分省市工业资本利润率呈现“N”型走势，主要原因是利润份额下降导致的；（2）金融危机之后个别省市利润率的变动趋势存在显著特征，其中上海主要依靠技术进步来实现利润率上升和重庆主要依靠劳动力成本下降来实现利润率上升。