开放条件下中国通货膨胀的政策层面成因分析

The Analysis of the Policy Cause of the Inflation in China on the Open Condition

运用扩展的开放条件下IS-LM-AS模型对中国通货膨胀的形成原因进行了实证分析,结果表明,外汇储备、外汇占款是导致国内物价上涨最主要的因素;国内经济过热成为导致物价水平加速上涨的主要国内因素;通货膨胀是一种货币现象,但不是一种完全货币现象;通货膨胀具有粘性;政府支出对价格水平影响不容忽视。因此,调整对外开放结构,防止经济增长过热和增强政策的独立性,以及提高人民币汇率升值的自主性,将是治理中国通货膨胀的根本途径。

The paper analyzes the cause of the inflation in China by view of the IS-LM-AS Mode on the open condition,the result shows that the foreign exchange reserve and the mirror image of foreign exchange reserve are the main elements which result in the stagflation,the hot national economy becomes the main element which results in the rapid stagflation,the inflation is a currency phenomenon but is not completely,the inflation is sticky,the government enpense has an not negligible effect on the price level.So,those will be the fundamental way to deal with the inflation in China which include adjusting the opening constructure,avoid the hot ecomony and individual policy and the independence to inhance the RMB exchange rate.