| 超额货币与实体经济:基于广东经济数据的实证分析 |
| |
| 引用本文： | 宋健. 超额货币与实体经济:基于广东经济数据的实证分析[J]. 北京工商大学学报(社会科学版), 2012, 27(5) |
| |
| 作者姓名： | 宋健 |
| |
| 作者单位： | 中国社会科学院 财经战略研究院,北京100836;湖南科技大学,湖南湘潭411201 |
| |
| 基金项目： | 广东省哲学社会科学基金项目“超额货币和虚拟经济的作用机制对广东经济增长的影响及对策研究”,湖南科技大学2012年博士启动项目“中国超额货币综合影响研究” |
| |
| 摘 要： | 在已有研究基础上,采用货币滞存法对广东2003—2011年间的超额货币情况进行测算,进而运用平稳性分析、向量误差修正模型、冲击响应等方法对超额货币和实体经济进行实证分析。结果表明,从长期看广东省超额货币与实体经济存在反向的协整关系,当超额货币上升(下降)1%时,实体经济会下降(上升)0.6%左右,因此,应当关注超额货币对实体经济产生的长短期效应。
|
| 关 键 词： | 超额货币 实体经济 货币供给 |
Excessive Money and Real Economy: An Empirical Analysis Based on Guangdong Macroeconomic Data |
| |
| Song Jian. Excessive Money and Real Economy: An Empirical Analysis Based on Guangdong Macroeconomic Data[J]. Journal of Beijing Technology and Business University:Social Science, 2012, 27(5) |
| |
| Authors: | Song Jian |
| |
| Abstract: | On the basis of former research,the authors measure the excessive money by the means of "monetary overhang" with Guangdong data during the years from 2003 to 2011.Furthermore,with the help of stability analysis,VECM model and impulse reaction model,an empirical analysis is made on excessive money and real economy.The result indicates a reverse co-integration relationship between excessive money and real economy in a long run in Guangdong.In case of a rise(or fall) in excessive money by 1%,the real economy would fall(or rise) by 0.6%.Therefore,concern should be paid to the long-term and short-term effects of excessive money upon real economy. |
| |
| Keywords: | excessive money real economy monetary supply |
| 本文献已被 CNKI 万方数据 等数据库收录！ |
|
