外汇储备增长对我国物价影响的实证分析

Demonstration analysis of foreign reserve growth's influence on China price

2007年以来,我国物价水平出现持续攀升的势头。2008年1～4月份,居民消费价格水平同比上涨8.2%。与物价上涨相对应的是我国外汇储备水平创出了历史新高,截至2008年6月末,我国外汇储备余额达1.8万亿美元。那么,外汇储备增长与物价上涨之间有没有直接的联系?本文从短期和长期两个视角,理论和实证相结合探讨了我国外汇储备增长对物价上涨的影响及其作用机制。

Since 2007,China＇s price level continues to rise in the momentum.January,2008 to April,the consumer price level rose 8.2 percent.And the corresponding price increases,the level of China＇s foreign exchange reserves hit a record high,as at the end of June,2008,China＇s foreign exchange reserves amounted to 1.8 trillion U.S.dollars.Then,the foreign exchange reserve increase are there direct connections with Price increases？ This text is from a short time and long-term two visual angles,analyzes the function mechanism of the foreign exchange reserve and the price increases of our country with theory analysis and empirical analysis together.