Research On The Economic Growth Effect Of The National Income Distribution Pattern

China’s economy has maintained double-digit rapid growth for more than 30 years since the reform and opening-up.In 2010,China’s total economic output ranked second in the world.We believe that China will soon surpass the United States and become the world’s largest.However,for a long period of time,the pattern of China’s national income distribution has been irrational,and the problem of unbalanced income distribution has had a huge impact on economic growth.For example,there has been a serious excess of regular production capacity,virtualization of real economy,the accumulation of systematic financial risks,conversion of the old and new kinetic energy is not smooth,and a large degree of income disparity,etc.Marxist historical materialism and dialectics believe that productivity determines the relations of production,and production relations have a counterproductive effect on productivity.Economic growth is a category of productive forces,and income distribution is a category of production relations.We must attach importance not only to the decisive role of economic growth in income distribution,but never lose sight of the counterproductive effect of income distribution to the economy.Economic growth is a dynamic development process of history,Therefore,the distribution relation must be a historical process of continuous adjustment and continuous improvement.Under certain historical conditions,changes in distribution relation may play a key role in economic growth.We should use Marxist standpoints,viewpoints,and methods to correctly analyze the relationship between growth and distribution.China’s development stage has entered a new era,we should pay more attention to the role and impact of income distribution on economic growth.This paper theoretically elaborates the mechanism of the impact of income distribution on economic growth,proposes the principle of rationalizing the distribution of national income,empirically analyzes the economic growth effects of national income distribution,and analyzes deeply the changing patterns of income distribution patterns and economic growth effects of major countries in the world.This paper proposes to optimize China’s national income distribution pattern of policy recommendations.The main conclusions and opinions of this article include:The rationalization of the national income distribution pattern means that the distribution of total amount and total production volume is basically balanced,and the distribution structure is adapted to the economic structure,which can fully mobilize the development motivation of all parties,and is conducive to the sound and rapid development of productivity.The national income distribution pattern is a process of dynamic adjustment with economic development.There is no optimal distribution pattern applicable to all development stages,but there is an optimal distribution pattern range in certain development stages.The principles for judging the rationality of the distribution of national income include the principle of enhancing labor productivity and economic growth,the principle of incentive and moderation,the principle of laborers sharing production surplus,and the principle of taking into account the interests of all parties.In the theoretical analysis of this article,we analyze the impact mechanism of the national income distribution pattern on economic growth from the perspective of Marxist economics and Western economics.Marx believes that the proportion of labor income is related to the rate of surplus-value,the organic composition of capital,and the accumulation rate.They are influenced by such factors as the mode of micro-production,the macro-institutional environment,and the comparison of labor-capital relations.A variety of factors determine the labor income share.The decisive factor is production ownership.In the balanced development of the economy,the increase in labor income should be consistent with economic growth,Otherwise,the value compensation and physical compensation of total social products cannot be realized and the economy will experience cyclical fluctuations,which requires that the results of growth be shared by ordinary people.The distribution pattern of capitalism affects economic growth through factors such as the influence of consumption power,surplus-value ratio,and the organic composition of capital.The unfair distribution of capitalist national income brings about constant imbalances in production and consumption.Capitalist economic performance is characterized by cyclical economic fluctuations.Western economics believe that many factors such as economic development stage,technological progress,laborer status,market structure,and globalization affect the distribution pattern of income;the income distribution pattern affects economic growth from both supply and demand,and the distribution pattern influences labor.Factors such as capital,technology and human capital act on aggregate supply.On the demand side,the distribution pattern affects aggregate demand by affecting the total demand and demand structure.Before and after the reform and opening-up of China’s national income distribution pattern was significantly different: in terms of factor allocation,the proportion of labor income before reform and opening-up was much higher than after reform and opening-up;In the aspect of subject distribution,the proportion of distribution from large to small before the reform and opening-up is family income,government income and enterprise income;After the reform and opening up,the income of the family,the enterprise income and the government income respectively.After the reform and opening up,the proportion of labor income showed a gradual increase,then a rapid decline,followed by a rebound,but the trend of income distribution biased toward capital did not change significantly;the specific characteristics of household income fell first and then rose,and the proportion of corporate income after falling first and then rising,the government’s income has been slowly rising.Generally speaking,the proportion of household income is low and corporate income is high.The distribution pattern of income in provincial administrative regions differs significantly from that in the central and western regions,indicating that the pattern of income distribution is related to the level of economic development.At present,China’s national income distribution pattern has improved,but it is still in a structural imbalance.In empirical terms,the effect of China’s national income distribution pattern on economic growth varied greatly among the middle period of 1978-1990 s,the mid-1990 s,and after 2008.From the aspects of total economy effect,economic efficiency effect,economic structure effect and income gap effect,the distribution of national income from reform and opening-up to the middle and short term of the 1990 s promotes economic growth;the income distribution pattern from the mid-1990 s to 2007 Serious imbalances have caused structural imbalances in the economy;after 2008,the national income distribution pattern has improved,the proportion of labor income and household income has increased,the income gap has decreased,the economic growth efficiency and structure have improved,and the reform of the country’s income distribution system has achieved initial success..In international comparisons,the proportion of labor income in both developed and developing countries has shown a clear downward trend in recent decades.The the average labor income ratio in China is lower than the developed countries,higher than developing countries.In terms of main income,the proportion of household income and corporate income in China is lower than that of developed countries,and the proportion of government revenue is higher than that of developed countries.After empirical analysis,it was found that:first,the labor share of developed countries showed an inverse U-shaped relationship with the growth rate of GDP;second,The household income share has an inverted U-shaped relationship with the GDP growth rate.Therefore,from the perspective of economic growth,there is an optimal range of change in the national income distribution pattern.The enlightenment to us from the practice of the United States and Japan is that the proportion of labor income should keep pace with the growth of labor productivity;labor income and capital income should maintain a reasonable ratio;The government should pay attention to establishing an ordinary laborer’s interest protection system in the middle and late industrialization.The government must always pay attention to the issue of fairness in the distribution of income,the market mechanism will only lead to the rich becoming richer and the poor becoming poorer;in the latter stages of industrialization,it is still necessary to attach importance to the development of the real economy and strictly control the excessive expansion of the virtual economy.According to the four principles of assessing the national income pattern,this paper believes that the adjustment of China’s national income distribution pattern since 2008 is active,but there is still a gap with the potential optimal national income distribution range.China must attach great importance to the value of labor and fully embody the value of labor in the distribution of income.National income distribution pattern should also continue to tend to labor,increase household income,and appropriately limit capital income and government revenue.This process also needs to be adjusted for several years.Finally,this paper proposes policy recommendations for the adjustment of national income distribution,including a deep understanding of the dialectical relationship between efficiency and equity in economic development;effective implementation of the basic economic system with public ownership as the main body;and the distribution system with distribution according to work as the main body,and deepening the market-oriented reform of production factors.Reduce the degree of market distortions;promote profit-sharing systems in enterprises so that workers can share production surpluses;increase workers’ bargaining power,establish normal wage growth mechanisms for employees;steadily advance the process of urbanization and industrialization;promote industrial upgrading;broaden residents Labor income and property income channels;Play the positive role of the government in the adjustment of the national income distribution pattern.