中国货币与产出关系的实证分析

文章以货币在中国经济增长中的实际作用为研究对象,通过实证的方法,综合传统的货币理论和经济增长理论,对货币在中国经济中的重要作用进行分析,从建国以来的资料入手,考察了中国货币供应和经济增长波动的相互关系,利用模型对货币供应冲击对经济产生的影响进行定量分析,得出了广义货币供给对经济增长作用递减的结论,并运用指标分析了目前中国经济货币化程度与金融效率。

An Empirical Study on the Relation Between Money Supply and Output Based on China's Situation

The article focused on the economic growth affected by money supply in China. This is an empirical analysis; synthesizes traditional theory of economic growth and analyzes the important function of money supply in China's economy. According to the data from the establishment of P. R. of China up till now, this article analyze the phenomenon of money supply fluctuation and economy growth fluctuation. In addition, the article uses a model to identify the effect of money supply shock. From the result we find that it has limited effect to improve output on increasing money supply. According to this problem, the article uses some indicators to study the monetary level and financial efficiency.