货币政策、通胀压力与农产品价格

Money Supply,Inflationary Pressure and Agricultural Prices Change

在金融危机之后,我国货币政策经历了适度宽松、稳健和对稳健进行微调的三个阶段,而与此同时我国农产品价格也大致经历了上升、下降和上升的三个过程。计量检验揭示,货币政策调整带来的货币供应量变动的确会导致农产品价格的波动。为了更好地应对来自金融市场的冲击,抑制通货膨胀,稳定农产品价格,我们需要完善对宏观经济运行的管理,借助货币政策建立持续且灵活的农产品价格调控体系,鼓励农业产业化经营,完善农产品价格信息服务体系,加快推进农业现代化建设,以此全面稳定我国农产品价格。

After 2008 financial crisis, in order to stimulate economic growth and mediate impact of financial crisis, Chi- na government implemented proactive money policy. Meanwhile, the money policy changed to tighten in 2010, and turned to proactive in 2011. Did these volatile money policies result in fluctuation of agriculture product prices？ In this paper, using data of agriculture products and other related items, we find long and stable relationship between agricul- ture products price and money policy, and provide some feasible suggestions rooted from our research.