中国外汇储备适度规模影响因素实证分析

An Empirical Analysis of Factors Affecting the Scale of China's Foreign Exchange Reserves

近年来,随着我国经济的不断发展,外汇储备规模增长较快,外汇储备的适度规模成为了一个有争议的问题。本文运用计量经济学理论的方法,分析了影响我国外汇储备适度规模的因素,提出了控制外债余额,优化外汇储备的币种结构,提高人民币国际地位等政策建议。

In recent years, as China＇s economy continues to develop, the foreign exchange reserves increase much faster. The modest size of foreign exchange reserves has also become a controversial issue. This paper analyzes the factors which influence the size of foreign exchange reserves and use econometric theory to find out the factors that affect China＇s optimum foreign exchange reserves. China should control of the balance of foreign debts, optimize the currency structure of foreign exchange reserves and raise the international status of the RMB.