摘要
中国城乡经济发展不平衡,具有典型的二元经济结构特征,应该重视统一货币政策效果的城乡差异问题。本文采用改革开放后的年度数据,运用VAR模型和脉冲响应分析,通过对中国货币政策效应的实证研究表明,尽管货币政策对城乡经济的影响方向基本相同,但是影响程度以及时滞效应仍然存在明显差异。城乡收入差距以及金融系统发展水平的不同能够在一定程度上给予解释。
The economic development between China urban and rural areas is unbalanced.Considering the typical characteristics of the dual economic structure,we should attach importance to the different effects of Chinese monetary policy between urban and rural areas.This paper,with annual data through 1978-2004 and VAR model and impulse response function,empirically shows that the economic impact of monetary policy on urban and rural areas is significantly different while basically the same direction.The income and financial development gap between rural and urban areas explains this issue to some extent.
出处
《当代经济科学》
CSSCI
北大核心
2008年第6期79-84,共6页
Modern Economic Science
关键词
货币政策
城乡差异
VAR模型
Monetary policy
Urban and rural gap
VAR Model