摘要
作为最优货币区(OCA)内生性研究重要分支的F&R内生性假说,在贸易一体化与经济相关性的动态作用关系上,与Krugman专业化假说存在截然不同的观点。两个对立假说通过对OCA收益和成本的不同修正,导致迥异的政策建议。然而,笔者基于Stockman经济增长率分解模型分析后认为:两种假说的分歧源自贸易一体化作用于经济周期渠道的不同关注,即存在“视角差异;”两种对立假说并存于现实经济活动中,并都对OCA收益和成本产生重大修正。
AF＆R Hypothesis is a branch research field of the Endogenous Money Supply of the Optimal Currency Area and is diametrically different from Krugman Hypothesis on the assumption concerning the dynamism of trade integration and economic relevance. The two opposing schools of theories approach the adjustment of OCA revenue and cost along different routes and thus postulate different policy proposals. However, based on the module analysis of economic growth rate, this writer holds that the difference between the two hypotheses arises because they adopt different perspectives on the impact of trade integration on economic cycle channels and the two theories co-exist in the real economic life and can significantly adjust the revenue and the cost of OCA.
出处
《当代财经》
CSSCI
北大核心
2006年第4期41-45,共5页
Contemporary Finance and Economics
基金
国家社科基金重大委托资助项目(05&ZD006)
