我国外汇储备增长的影响因素与实证检验

The Factors and Positive Examination of the Growth of Foreign Exchange Reserve in China

在对我国外汇储备增长的影响因素分析的基础上,利用协整分析方法进行了实证研究,结果表明:影响我国外汇储备的因素主要包括汇率、国内生产总值、外贸开放度等,而外资开放度和外债余额对外汇储备的影响不显著。

This article analyzes the factors which affect the growth of foreign exchange reserve with co-integration method. The result shows several factors like the exchange rate, GDP, Chinese Dependence on Foreign Trade, which affect the growth of foreign exchange reserve. However, other factors like the foreign trade openness and foreign debts affect the growth of foreign exchange-reserve indistinctively.