摘要
利用VAR模型,协整分析和向量误差修正模型对我国外汇储备增量与物价指数变动的内在联系进行了实证检验。结论表明,外汇储备增长与物价指数变动之间存在长期稳定的关系;短期看,外汇储备增长与物价指数变动之间不存在显著的因果关系,表明外汇储备增量对物价指数变动的影响较小。
Based on VAR model,cointegration analysis and vector error correction model, the relationship between Chinas foreign exchange reserves increasement and price index change was investigated. Results show that the relationship between foreign exchange reserves incresement and price index change is stable in the long term. And there is no causal relationship between foreign exchange reserve and price index change in the short term, which indicated that the increase of foreign exchange reserve has less effect on the price index changes.
出处
《青岛大学学报（自然科学版）》
CAS
2013年第4期74-78,共5页
Journal of Qingdao University(Natural Science Edition)
关键词
外汇储备增长
物价指数变动
协整分析
向量误差修正模型
Foreign exchange reserve Price indexcointegration analysis Vector error correction model
