摘要
本文利用反映加工贸易的非竞争型投入产出模型和计量经济模型相结合的方法,综合考虑进口品对国内品的替代作用和部门间的价格传导效应,从生产成本角度分情景测算了人民币升值对中国CPI和PPI的影响。测算结果表明,人民币升值可以有效缓解国内的通胀水平,但其传导效应并非是完全的,对CPI和PPI的传递率分别约为13.64%和17.80%。
By combining non-competitive input-output model capturing processing trade with econometric model, this paper estimates the influence of RMB appreciation on CPI and PPI of China. The model also takes substitution of imports to domestic products and pass-through of price among different sectors into consideration. The result indicates that the pass-through effect of exchange rate on price is incomplete, with a path-through rate of 13.64% for CPI and 17.8% for PPI.
出处
《管理评论》
CSSCI
北大核心
2012年第9期35-39,163,共6页
Management Review
基金
国家自然科学基金项目(70810107020
60874119
70871108)
