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短期资本流动对中国经济产出的影响 被引量:4

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摘要 短期资本流动虽然与生产并无直接联系,但可以通过多种间接传导渠道影响产出,其最终影响程度取决于多种传导渠道的相互作用。本文运用符号限定的贝叶斯VAR(SBVAR)模型考察短期资本流动对中国产出的影响,经验结果表明:短期资本流入在整体上可能小幅地促进中国产出增长,但同时会造成相当幅度的产出波动。在目前短期国际资本大量流入中国的背景下,为了更好地实现经济增长与经济波动的权衡,同时避免金融脆弱性,政策制定者应当实时监测短期资本流动,并适度利用正向的产出传导渠道。
出处 《经济学动态》 CSSCI 北大核心 2014年第4期77-86,共10页 Economic Perspectives
基金 教育部重点研究基地重大项目(2009JJD790027) 教育部人文社会科学青年项目(11YJC190171) 南开大学亚洲研究中心项目(AS1321)的资助
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