Abstract: The neoKaleckian model follows the ideas of Marx, Keynes, and Kalecki that investment is a key influencing factor in the dynamics of the capitalist mode of production. Through the discussion of different forms of investment decision function, it constructs the analysis framework of wageled and profitled growth regimes. This model has become an important theoretical paradigm for current Western heterodox economics in studying the impact of income distribution on economic growth, and it also has significant influence on empirical research. Starting from Marxs reproduction theory, this article discusses the theoretical shortcomings of the neoKaleckian growth regime model. It mainly focuses on three aspects: (1) the ideological legacy of “Smith's Dogma”; (2) the restrictions over income distribution by the organic composition of capital and the surplus value rate; (3) technological progress and the formation of a new long economic wave. We believe that the neoKaleckian model unilaterally emphasizes the demandside factors in the economy, and, unconsciously or not, ignores the role of the supply side, which results in its limitations in explaining longterm growth. Even if some empirical conclusions are employed to bridge income distribution and technological progress, a theoretical basis remains absent for this model to accurately describe longterm economic changes. In order to better promote highquality economic development and accelerate the establishment of a new development pattern of “dual circulation” in which domestic economic cycle plays a leading role while domestic and international economic cycles reinforce each other, we must clarify the relationship between production and consumption following a theoretical framework whilst  adopt a policy combination with the supply side as the mainstay and the demand side as the supplement, and work from both sides.

Key words: neoKaleckian model, growth regime, income distribution, reproduction

摘要： 新卡莱茨基模型继承了马克思、凯恩斯和卡莱茨基等人的思想，认为投资是资本主义生产方式运行动态的关键影响因素。通过对投资决策函数不同形式的讨论，该理论构建了工资拉动型和利润拉动型的经济增长体制分析框架，成为当前西方异端经济学研究收入分配对经济增长影响的重要范式，在经验研究上也有非常大的影响。本文从马克思再生产理论出发，从三个方面讨论了卡莱茨基增长体制模型存在的理论缺陷：（1）“斯密教条”的思想遗留；（2）资本有机构成和剩余价值率对收入分配的制约；（3）技术进步与经济新长波的形成。我们认为新卡莱茨基模型片面强调经济中需求侧的因素，有意无意地忽略了供给侧的作用，使其在解释长期增长上遭遇到了一定的限制。即使通过一些经验结论将收入分配与技术进步关联起来，也缺乏准确刻画经济长期变化的理论基础。为了更好地推动经济高质量发展，加快形成国内大循环为主、国内国际双循环相互促进的经济发展新格局，我们需要从理论的高度正确地辨析生产和消费的关系，在政策上坚持采用以供给侧为主、需求侧为辅的政策组合，双向发力。

关键词: 新卡莱茨基模型, 增长体制, 收入分配, 再生产