摘要
本文从实证的角度 ,对我国财政政策和货币政策的相对有效性进行了研究。运用协整分析方法并通过邹氏检验 ,对整个数据期间进行了制度检验。结果显示1980年以前平均来说 ,财政政策比货币政策有效 ,而其后平均来说货币政策比财政政策有效。这一结论与我国建国以来宏观经济调控政策选择的基本情况相吻合 ,为对宏观调控的政策选择提供了有力的支持。
This article investigates the relative validity between fiscal policy and monetary policy for China. We have used cointegration analysis approach,and also used Chow test for the datum. The results of the cointegration analysis indicate that before 1980 fiscal policy has a greater effect to real GDP than monetary policy in average,but after 1980 we find the reverse result. The conclusion is consistent with the basic fact that china had used macroeconomics policy after 1953, and it also supports the proper selection of macroeconomics policy.
出处
《价值工程》
2003年第3期73-76,共4页
Value Engineering
