摘要
从传统的计价货币选择理论入手,对有关国际贸易计价货币选择的文献进行综述。研究发现,货币的交易成本、产品的需求弹性、预期利润、讨价还价能力和市场占有率是国际贸易中企业计价货币选择的微观影响因素;而通货膨胀高低、货币供给波动大小和汇率波动程度是宏观影响因素。在微观企业计价货币选择的决策中融入宏观经济变量的动态一般均衡模型研究,以及微观企业时间序列数据的挖掘是未来计价货币选择理论的研究方向。
Proceeding from the traditional theory about the choice of invoicing currency, this paper conducts a review of the literature on the choice of invoicing currency in international trade. The study result shows that currency transaction costs, the product elasticity of demand, expected profits, bargaining power and market share are the micro factors for the choice of invoicing currency in international trade while high or low inflation, money supply fluctuations and exchange rate fluctuations are the macro factors for it. The integration of macroeconomic variables into the dynamic general equilibrium model when micro enterprises make decisions on the choice of invoicing currency, and enterprise time-series data mining will be the future research direction in the theory about the choice of invoicing currency.
出处
《国际经贸探索》
CSSCI
北大核心
2012年第6期75-87,共13页
International Economics and Trade Research
基金
教育部人文社科基金项目(08JC790037)
上海市哲学社会科学项目(2011BJB004)
中央高校基本科研业务费专项资金项目
关键词
计价货币
汇率传递
国际贸易
invoicing currency
pass-through
international trade