论文部分内容阅读
近年来我国经济随着外部冲击而频繁地波动,且波动幅度不断扩大。相较与欧美,我国与东亚国家和地区在经济上存在更大程度的相互影响,如贸易资本流动、旅游甚至政策等方面。东亚经济冲击对我国经济影响的传递机制主要表现在贸易传递、金融传递和汇率传递三种渠道上。实证分析发现,东亚贸易竞争效应、劳动力成本因素成为强化外部冲击对我国经济波动的贸易传递的最主要环节,而东亚汇率特点下的人民币升值压力可以使我国从汇率传递角度缓解经济波动,金融渠道影响则是有限的。
In recent years, the economy of our country has been frequently fluctuated with external shocks and its fluctuation has been continuously expanded. Compared with Europe and the United States, China and East Asian countries and regions have a greater degree of economic interaction, such as trade capital flows, tourism and even policies. The transmission mechanism of the economic impact of East Asia on China’s economy is mainly manifested in three channels: trade transfer, financial transfer and exchange rate transfer. Empirical analysis shows that the competitive effect of East Asia trade and labor cost become the most important links in strengthening the external impact on the economic transfer of China’s economy. The pressure of RMB appreciation under the exchange rate of East Asia can ease China’s economic fluctuations from the perspective of exchange rate. Financial channels The impact is limited.