摘要
美国金融危机到底以何种方式在全球传播,以至于演变成全球经济海啸,一直是近几年学术界所关注的问题之一。本文以美国金融危机对外传播的贸易传染渠道为切入点,分析了美国金融危机通过贸易伙伴型传染和贸易竞争对手型传染这两个贸易传染子渠道对东亚新兴经济体的溢出程度。对面板数据进行的GLS实证结果显示,美国金融危机通过贸易传染渠道的溢出,与大部分东亚新兴经济体经济波动之间存在10%以上显著性水平的相关性,因而贸易传染渠道是美国金融危机对东亚溢出的一个重要机制。
It has always been concerned by academia in recent years, that how the USA financial crisis spilled over the world and developed into a global financial tsunami. Basing on the transmission channel of international trade between the USA and East Asian emerging economies (EAEE ), this article analyzes the degree of spillover from U. S. financial crisis to EAEE through trade partnership effect and trade competitor effect. The panel data shows that the impact of trade spillover channel of US financial crisis on the most EAEE exists with significance above 10%. And different sub-spillover channels work differently on every EAEE.
出处
《南洋问题研究》
CSSCI
2011年第3期29-39,共11页
Southeast Asian Affairs
基金
教育部人文社科研究项目基金资助"美国金融危机对东亚新兴经济体传染性研究"(09XJC79007)的阶段性成果
关键词
金融危机传染渠道
贸易伙伴型传染
贸易竞争对手型传染
面板数据分析
spillover channel of financial crisis, trade partnership contagion, trade competitor contagion, panel data analysis