摘要
20世纪90年代以来,我国外汇储备规模迅速扩张,这一方面意味着我国国际支付能力的不断提高,但同时也带来了一系列如人民币升值压力、资金资源浪费和管理成本提高等问题。而FDI和出口作为外汇储备增长的主要动因,研究其对我国外汇储备增长的影响,有利于制定合理的FDI流入机制及管理和出口贸易政策,以改善我国高额外汇储备结构。本文基于前人研究,采用1997—2009年月度数据,研究了FDI和出口贸易对我国外汇储备增长的影响。结果表明,FDI与出口对我国外汇储备增长均有显著影响,且FDI的作用远大于出口,这暗含了我国外汇储备的不稳定性以及我国应继续坚持鼓励出口的政策建议。
Since 1990s,China＇s foreign exchange reserves have risen considerably. This has naturally increased our ability to pay. But at the same time; it brings us a whole bunch of problems. Such as the pressure on the appreciation of the Renminbi, wasting of resources and high capital management costs. FDI and export is the main reason for foreign exchange reserves, so, it＇s meaningful to research the influence of FDI and export on foreign reserve, and its benefit to make policies to improve structure of China＇s foreign exchange reserves. This paper is based on the previous research, introduces 1997--2009 monthly data to study. At last, we come to the conclusion that FDI and exports influence the foreign exchange reserves significantly. And the role of FDI to export contains far outweigh the instability of China＇s foreign exchange reserve, and China should continue to encourage export.
出处
《科技和产业》
2009年第8期72-76,共5页
Science Technology and Industry
基金
重庆市社科基金项目(2008-JJ29)的阶段性成果
