基于2016年前三季度宏观经济数据和早期历史数据,本文对上海经济总量和结构性指标变量进行分析,总结得出2016年以来上海宏观经济运行呈现如下五个特征:工业发展弱势调整,政策边际作用递减;服务业发展相对稳定,生产性服务业发展突出;消费后劲不足,受收入和房价拖累;投资有所稳定,民间投资积极;外贸形势略有好转,形势依然严峻。结合国内外宏观经济形势,通过景气分析和情景分析方法,本文建立宏观经济计量模型,预测上海经济2016年底触底企稳,2017年处于基准情景的概率为75%,经济增速保持在6。5%左右。针对当前和未来一段时间上海面临的“制造业25%的底线”、财政收入受地产和金融冲击导致的可持续性以及“2500万人口底线”等重要问题,笔者提出相应的政策建议和行动措施。
<<The first three quarters of 2016, based on macroeconomic data and early historical data, this paper carries on the analysis to the Shanghai economy and structural indicators, concluded that since 2016 Shanghai macro economy showed the following five characteristics: Industrial Development Policy for the adjustment of the disadvantaged, marginal decline; the development of service industry is relatively stable, the development of producer services is outstanding; consumption by the lack of stamina, income and housing prices down; investment has been stable, active private investment; foreign trade situation improved slightly, the situation is still grim. According to the macroeconomic situation at home and abroad, through business analysis and scenario analysis method, this paper established the macro econometric model, prediction of Shanghai economy by the end of 2016 to stabilize the bottom in 2017, the probability of the baseline scenario is 75%, economic growth remained at around 6.5%. In view of the current and future period of time Shanghai faced "25% manufacturing line", financial income and financial shocks caused by the real estate sustainable and "population of 25 million bottom line" and other important issues, the author puts forward the corresponding policy recommendations and actions.
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