摘要
进口倾向、外汇储备持有的机会成本和国际收支的波动性(变动率)始终是影响外汇储备规模的三个重要因素。在实证研究中,一国经济体的开放度、政府承担的外债等也会被看做影响因素。相关的实证研究还表明,一国(经济体)是否实行严格的钉住(固定)汇率制度,或者说是否会通过贬值来维持国际收支平衡,对外汇储备也会产生重大影响。这意味着汇率制度本身也是影响外汇储备的一个重要因素。此外,人均GDP、出口的波动、金融发展程度等都是影响外汇储备规模的因素。
The quantitative factors which influence the scale of China' s foreign reserve include import trends, foreign trade dependence rate, and foreign debt scale. The empirical analysis sees the openness of the state' s economy system and the foreign debts that the government shouldered will also be regarded as the influeatial factors. The related research shows that the way the state sticks to the fixed exchange rate, and the way the state reaches its revenue and expenditure balance through its currency devaluation will bring great impact on the foreign reserve. This means the exchange system itself is a crucial factor of foreign reserve. Besides, per capita GDP, the exports, and the developmenat status at finance are all factors influence the foreign reserve scale.
出处
《重庆工商大学学报(社会科学版)》
2008年第2期19-23,共5页
Journal of Chongqing Technology and Business University:Social Science Edition
关键词
外汇储备
汇率制度
实证分析
foreign reserve
currency exchange system
empirical analysis