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金融研究  2018, Vol. 454 Issue (4): 138-154    
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省际边界、方言边界和一价定律
高晶, 林曙
复旦大学经济学院,上海 200433;
香港中文大学经济系,中国香港
Provincial Border, Dialect Border, and the Law of One Price
GAO Jing, LIN Shu
School of Economics, Fudan University;
Department of Economics, CUHK
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摘要 逐步打破和消除市场分割,建立统一开放的市场体系,促进要素的合理流动及优化资源配置是我国经济转型时期面临的重要任务。本文使用1998-2010年123个地级市的月度价格数据,在一价定律框架下分析了27种服务品的短期价格偏差与省际边界、方言边界的关系。研究发现:(1)教育、医疗服务存在显著的省际边界效应,而其他服务的省际边界效应较弱;(2)教育服务还存在显著的方言边界效应,其中小学、初中、高中学习阶段的方言边界效应系数显著;(3)在考虑了样本异质性和样本选择偏误后,结果仍然稳健。上述研究结果反映出依附于行政边界的户籍制度通过影响教育、医疗受益性增加了劳动力省际转移的隐性成本,而地区间的方言差异通过影响随迁子女的教育进一步增加了劳动力跨区域流动的阻力。
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高晶
林曙
关键词:  一价定律  省际边界  方言边界    
Abstract:  Breaking and eliminating market segmentation, establishing an unified and open market system, and promoting rational flow and optimal allocation of production factors are important tasks in the transitioning China. This paper investigates the price behavior of services in the framework of the law of one price, and focuses on the roles of provincial border and dialect border in the short-run price disparities. We find that:(1) the provincial border effects are significant in education and medical industries, while they are weak in the other service industries;(2) the dialect border also plays a positive role in the education service, especially in the primary, junior high, and senior high school study;(3) we construct a model involving heterogeneity effect and sample selection effect to re-estimate the sample, and the results are robust. The above results reflect that the hukou system attached to the administrative boundary increases the implicit costs of cross-province mobility by influencing education and medical benefits, and regional differences in dialects further increase the resistance to cross regional mobility of the labor by influencing the education of their children.
Key words:  The Law of One Price    Provincial Border    Dialect Border
JEL分类号:  C31   E31   R10  
作者简介:  高 晶,经济学博士生,复旦大学经济学院,Email:15110680029@fudan.edu.cn.
林 曙,经济学博士,副教授,香港中文大学经济系,Email:shulin@cuhk.edu.hk
引用本文:    
高晶, 林曙. 省际边界、方言边界和一价定律[J]. 金融研究, 2018, 454(4): 138-154.
GAO Jing, LIN Shu. Provincial Border, Dialect Border, and the Law of One Price. Journal of Financial Research, 2018, 454(4): 138-154.
链接本文:  
http://www.jryj.org.cn/CN/  或          http://www.jryj.org.cn/CN/Y2018/V454/I4/138
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