Abstract: The China National Economic Accounting System (2016), which has received much attention, has revised and improved the accounting rules of FISIM accounting body, accounting scope, output accounting methods and allocation methods. This article takes this as an entry point, focuses on the impact of FISIM's latest rule revision on FISIM output and expenditure-based GDP, and comprehensively measures the direct impact of FISIM's latest revision on Zhejiang's macroeconomic indicators. The results show that the scale of FISIM output in Zhejiang Province after the revision of the 2016 version of CSNA has increased from an annual average of 249.76 billion yuan to an annual average of 275.25 billion yuan. Correspondingly, Zhejiang's production-based GDP in current has increased by an average of 0.84%, the production-based GDP in constant-price has increased by an average of 0.99%, and the growth rate of GDP has increased by an average of 0.66 percentage points. In addition, the revision of the FISIM allocation method has driven the expenditure-based GDP to increase by an average of 0.07%. The estimation results and Zhejiang financial situation show that the revision of the 2016 version of CSNA on FISIM accounting rules makes the FISIM accounting results more objectively reflect the activities of Zhejiang financial intermediaries, the development reality of social economy and the internal characteristics of the use structure.

Key words: 2016 Version of CSNA, FISIM Output, FISIM Allocation, Reference Rate Approach, GDP

摘要： 备受关注的《中国国民经济核算体系(2016)》修订完善了FISIM核算主体、核算范围、产出核算方法及分摊方法等核算规则。本文以此为切入点,集中探讨了FISIM系列修订对FISIM产出和支出法GDP的影响机制,综合测度了FISIM系列修订对浙江省宏观经济指标的直接影响。结果显示,经2016版CSNA修订后的浙江省FISIM产出规模从年均2497.6亿元提升至年均2752.5亿元。相应的,现价生产法GDP年均提高了0.84%,不变价生产法GDP年均提高了0.99%,GDP增长速度年均提升了0.66个百分点。此外,FISIM分摊方法的修订推动支出法GDP平均提升0.07%。结合测算结果与浙江省金融情况发现,FISIM核算规则的修订将更为客观地反映浙江省金融中介机构的产出成果、社会经济的发展现实与使用结构的内部特征。

关键词: 2016版CSNA, FISIM产出, FISIM分摊, 参考利率法, GDP