中国货币政策在经济转型时期的区域影响:根据新常态下的中国城市分类系统
Lingyu Tang1, Guoju Ai2, Zushun Cai3
1School of Finance, Zhongnan University of Economics and Law, Wuhan, Hubei, China.
PloS one
|September 13, 2023
概括
在经济转型期间,中国的货币政策对各级城市的经济增长产生不同影响. 金融市场化和工业升级解释了这些不同的区域反应.
科学领域:
- 经济学 经济学 经济学
- 区域经济学 区域经济学
- 货币政策分析 货币政策分析
背景情况:
- 在"新常态"下,中国正在经历重大的经济转型.
- 了解区域经济差异对于有效实施政策至关重要.
研究的目的:
- 分析中国统一货币政策在不同城市层面的区域影响.
- 研究不同类型城市的经济产出如何响应货币政策.
主要方法:
- 使用的面板矢量自回归 (PVAR) 模型.
- 采用冲动响应函数和差异分解来进行比较分析.
- 中国城市分为四个层次:一级,准一级,二级和三级.
主要成果:
- 在四个城市级别中,观察到经济增长对货币政策反应的显著差异.
- 量化和基于价格的货币政策在短期和长期表现出不同的影响.
- 短期变化与金融市场化水平有关;长期变化与工业升级进展有关.
结论:
- 中国的货币政策有效性在整个城市经济格局中并不统一.
- 政策建议包括结构性货币政策,工业升级支持和针对城市层面的金融部门改革.
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