中国货币供应量、价格水平和GDP关系的经验研究:1952-2003 被引量：49

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摘要文利用我国1952-2003 的年度数据,讨论了货币冲击对真实产量和价格水平的影响。作者发现,价格水平和真实产量与M0之间存在唯一的协整关系,而与M1、M2之间不存在协整关系。作者构建了一个三变量的向量自回归模型和向量误差修正模型,最后运用Granger因果关系检验和脉冲响应函数讨论了货币冲击对真实产量和价格水平的影响,结果表明,货币供应具有内生性,而当货币供应量增加时,真实产量会先于价格水平开始增加,但是随后真实产量比价格水平下降得更迅速。

作者陆云航

机构地区北京大学经济学院

出处《经济科学》 CSSCI 北大核心 2005年第2期39-47,共9页 Economic Science

关键词价格水平货币供应量 GRANGER因果关系检验经验研究 GDP 向量误差修正模型向量自回归模型中国脉冲响应函数货币冲击协整关系产量真实内生性作者

分类号 F726.2 [经济管理—产业经济] F822.0 [经济管理—财政学]

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参考文献14

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