本文關(guān)鍵詞：國(guó)際資本流動(dòng)和國(guó)際貿(mào)易對(duì)國(guó)內(nèi)物價(jià)的沖擊效應(yīng)——基于不同匯率機(jī)制和宏觀經(jīng)濟(jì)環(huán)境的研究，由筆耕文化傳播整理發(fā)布。

國(guó)際資本流動(dòng)和國(guó)際貿(mào)易對(duì)國(guó)內(nèi)物價(jià)的沖擊效應(yīng)——基于不同匯率機(jī)制和宏觀經(jīng)濟(jì)環(huán)境的研究

The Knock-on Effects of International Capital Flow and International Trade on Domestic Prices： Research Based on Different Exchange Rate Mechanisms and Macroeconomic Environm

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LING Jiang-huai, LI Chang-hong （School of Economics ＆ Management, South China Normal University, Guangzhou 510006, China）

華南師范大學(xué)經(jīng)濟(jì)與管理學(xué)院,廣東廣州510006

文章摘要：在開放經(jīng)濟(jì)條件下，國(guó)際資本流動(dòng)和國(guó)際貿(mào)易與國(guó)內(nèi)物價(jià)的聯(lián)系越來(lái)越密切。文章根據(jù)不同的匯率機(jī)制和宏觀經(jīng)濟(jì)環(huán)境，分四個(gè)階段研究了1994—2011年國(guó)際資本流動(dòng)和國(guó)際貿(mào)易對(duì)國(guó)內(nèi)物價(jià)的沖擊效應(yīng)。研究發(fā)現(xiàn)，在不同的匯率機(jī)制和宏觀經(jīng)濟(jì)環(huán)境下，國(guó)際資本流動(dòng)和國(guó)際貿(mào)易對(duì)國(guó)內(nèi)物價(jià)的沖擊程度不同。整體上，國(guó)際資本流動(dòng)對(duì)物價(jià)的沖擊相對(duì)于國(guó)際貿(mào)易呈現(xiàn)增大的趨勢(shì)。因此，，在制定宏觀經(jīng)濟(jì)政策時(shí)，除了要考慮國(guó)際資本流動(dòng)和國(guó)際貿(mào)易對(duì)物價(jià)的影響外，還要考慮當(dāng)時(shí)的匯率機(jī)制和宏觀經(jīng)濟(jì)環(huán)境。

Abstr：Under the condition of open economy, the relationship be- tween international capital flow and international trade is more and more closely related to domestic prices. Based on different exchange rate mecha- nisms and macroeconomic environment, this paper studies the knock-on effects of international capital flow and international trade on domestic prices from 1994 to 2011 which is divided into four stages. It indicates that under different exchange rate mechanisms and macroeconomic environment, inter- national capital flow and international trade have different knock-on effects on domestic prices. On the whole, in comparison to international trade, the knock-on effect of international capital flow on domestic prices has an in- creasing trend. Therefore, when formulating a macroeconomic policy, gov- ernments should take into account not only the effects of international capital flow and international trade on domestic prices but also then exchange rate mechanisms and macroeconomic environment.

文章關(guān)鍵詞：

Keyword：:capital flow international trade domestic price knock-on effect

  本文關(guān)鍵詞：國(guó)際資本流動(dòng)和國(guó)際貿(mào)易對(duì)國(guó)內(nèi)物價(jià)的沖擊效應(yīng)——基于不同匯率機(jī)制和宏觀經(jīng)濟(jì)環(huán)境的研究，由筆耕文化傳播整理發(fā)布。