我国货币流通速度影响因素的实证分析

An Empirical Analysis on Influencing Factors of the Velocity of RMB's Circulation

改革开放以来,我国货币流通速度呈现不断下降的趋势,影响了宏观经济政策的有效性。运用计量经济模型验证了影响我国货币流通速度变动的主要因素。因此,应通过深化完善金融制度,强化金融创新,实行利率市场化等措施来改变我国货币流通速度下降的趋势,并使其维持在合适的水平。

Since China＇s reform and opening,the velocity of RMB＇s circulationhas decreased continuously,which influenced the efficiency of macroeconomic policy.This paper uses some econometric models to verify that the major factors of the velocity of RMB＇s circulation.For these reasons,in order to maintain the velocity of RMB＇s circulation to a proper level,it is high time that we should take measures such as deepening financial systems,strengthening financial innovation,and marketing the interest rate.