CAJ | 학술논문

为了分析货币政策在不同经济发展程度地区的执行效果,基于CRS和VRS方法,以货币供应量、信贷规模作为分析的输入指标,以GDP、商品零售价格指数作为输出指标,对我国东北部、东部、中部和西部四大区域进行了比较分析,分析结果表明我国货币政策是存在区域效应的,我国货币政策区域效应主要体现在政策效率的不同上,东部地区的货币政策效率高于其他地区,且西部地区与东部地区差距明显,并且就全国而言,货币政策有效性还有很大的发展空间。
위료분석화폐정책재불동경제발전정도지구적집행효과,기우CRS화VRS방법,이화폐공응량、신대규모작위분석적수입지표,이GDP、상품령수개격지수작위수출지표,대아국동북부、동부、중부화서부사대구역진행료비교분석,분석결과표명아국화폐정책시존재구역효응적,아국화폐정책구역효응주요체현재정책효솔적불동상,동부지구적화폐정책효솔고우기타지구,차서부지구여동부지구차거명현,병차취전국이언,화폐정책유효성환유흔대적발전공간。
In order to analyze the regional effect of monetary policy in China,based on the CRS and VRS,this paper takes money supply and credit scale as input indicators,and sets GDP and retail price index as output index,and compares the regional effect of monetary policy in northeastern,western,eastern,and central regions in China.The results show that there exists regional effect of money policy in China,which is reflected on different efficiency of monetary policy.Also the monetary policy is ineffective systematically and there should be more improvement of impact of monetary policy in China.In eastern China regional effects of monetary policy is more effective than others.And the difference of monetary policy effect between western and eastern region is obvious.