我国货币流通速度影响因素的格兰杰因果检验

Granger's Causality Method Test of the Factors Affecting Circulating Speed of Our Currency

货币流通速度一般是指单位货币在一年内平均使用次数，为了便于定量分析，定义货币流速Ｖ＝ＰＹＭ，（常称之为收入货币流速），其中Ｐ是物价水平，Ｙ一般指实际国内生产总值（ＰＹ是名义国内生产总值即ＧＤＰ），Ｍ是货币供应量。本文令Ｖ１和Ｖ２分别对应于狭义货币Ｍ１...

Abstract This paper examines,by the Granger's causality method,the causality relationships between some affecting factors and the monetary velocity during China's Economic Reform.I find that monetization,personal saving ratio and inflation rate are the key factors causing the velocity to change,while the economic growth rate and the monetary growth rate are not so much important.