摘要
采用计量经济分析方法对中国2005年6月至2011年6月的人民币汇率与居民消费价格指数之间的关系进行了检验。结果表明:人民币汇率与居民消费价格指数之间存在协整关系,即长期均衡关系;但短期均衡会偏离长期均衡。得出结论:中国需要适当控制人民币汇率升值幅度,才能从根本上治理通货膨胀。
By using econometric analysis method, this paper tests the relationship between RMB exchange rate and consumer price index from June of 2005 to June of 2011. The result shows that there is cointegration relationship between the RMB exchange rate and the consumer price index, i. e. , the long-term equilibrium relationship, but the short-term equilibrium will deviate from the long-term equilibrium. It comes to a conclusion that China needs to properly control the rising margins of RMB exchange rate, thus stemming inflation radically.
出处
《扬州职业大学学报》
2011年第4期5-8,共4页
Journal of Yangzhou Polytechnic College