摘要
本文在多变量VAR模型的基础上,分别采用协整检验、脉冲响应和方差分解方法分析了国际原油价格对中国物价水平的影响。结果显示:国际石油价格冲击对中国物价水平的影响是显著的,对中国生产者物价水平的影响速度大于对消费者物价水平的影响,对中国生产者物价水平的影响程度大于对消费者物价水平的影响。
Based on multivariate VAR model, this paper analyzed the impact of international crude oil price fluctuation on the price level of China by using the cointegration test, impulse response and variance decomposition comparatively. The results showed： It is significant that oil crude price shocks impacting on the price level of Chi- na. The impact speed on producer＇ s price level is greater than consumer＇ s. The impact degree to producer＇ s price level is greater than consumer＇ s.
出处
《财经理论研究》
2014年第2期18-22,共5页
Journal of Finance and Economics Theory
