摘要
近年来,境外投机资本以套利、套汇以及获得资产价格上涨的收益为目标流入我国,并且绕开严格控制的资本项目,隐蔽在国际贸易中,在数量上占到我国投机资本净流入的绝大比例,呈现出金融资本贸易化的特征。本文定量测算了我国国际贸易中非正常资本流入的规模和原因,并从金融与贸易结合的角度探究资本流入的触发机制。结论是:贸易项下非正常资本流入归根结底在于我国贸易顺差的变动。我国巨额的贸易顺差为投机资本的流入提供了动力和途径。
These years, a large quantity of speculative capital hidden in the trade flows into China, which aims for. the particular return from the fluctuations in the interest rate, the exchange rate and the capital prices in China. This article focuses on the quantity and purpose of the abnormal capital inflows. It concludes that trade surplus helps the abnormal capital inflows. So the reform of trade structure is needed.
出处
《国际贸易问题》
CSSCI
北大核心
2008年第9期19-26,70,共9页
Journal of International Trade
关键词
金融资本贸易化
非正常资本
进出口伪报
Financial capital in trade form
Abnormal capital
Trade mis-invoicing
