更新时间:04-24 (soso)提供原创文章
摘要:外汇储备作为国际货币体系的核心,是国际金融领域的重要问题。它关系到各国弥补国际收支赤字和稳定本币汇率的能力,因此一直受到各国政府和国际金融机构的关注。自1994年我国外汇体制改革以来,我国外汇储备规模呈快速增长的趋势,目前已成为世界外汇储备第一大国。然而,持有的外汇储备并非越多越好,过多的储备会造成一国经济的损失。目前,我国巨额的外汇储备是否合适问题已经引起了社会各界的广泛关注:何种原因引起我国外汇储备的迅速增长、如何和管理我国庞大的外汇储备,这些问题已经成为理论界和实务界共同探讨的问题。
本文以外汇储备规模为研究对象,运用我国相关指标的具体数据,从实证方面对我国外汇储备的规模现状、影响因素做一重点分析。本文的创新之处在于,运用计量经济学的方法,利用相关指标的较新数据,从实证角度考察我国外汇储备与进口额以及外债余额之间存在的关系。
关键词:外汇储备 影响因素 规模管理
ABSTRACT:Foreign exchange reserve as the core of the international monetary system is of vital importance in the area of international financial research. It concerns the governments’ ability of adjusting balance of payment and stabilizing exchange rate,so all the governments and financial authorities keep close watch on its development. Since China’s foreign exchange administration reform in 1994, China now is the largest foreign exchange reserve holder in the world. However, foreign reserve is not the more the better, excessive reserve will result in the loss of a country's economy. Now this problem have attracted wide attention in the society. What causes the rapid growth of China's foreign exchange reserve, whether the scale of Chinese foreign reserve is appropriate and how to manage these foreign reserve, these problems have become the core of theoretical and practical fields.
The object of the research is foreign exchange reserve. In this paper, I use specific related data in the empirical way to analyze the scale of foreign exchange reserve. The innovation of this paper is using econometric method and relevant indicators of recent data to study the relation between China's foreign exchange reserve and import as well as foreign debt.
Key words: foreign exchange reserve influencing factors scale administration