华东师范大学学报(哲学社会科学版) >

2005 , Vol. 37 >Issue 2: 87 - 94

DOI: https://doi.org/10.16382/j.cnki.1000-5579.2005.02.014

金融问题研究

中国资本项目开放的测度

  • 蓝发钦
展开
蓝发钦(1968-), 男, 福建龙岩人, 华东师范大学商学院教授, 博士

收稿日期: 2004-10-12

  网络出版日期: 2005-02-25

收起

The Measure of Openness of China's Capital Account

  • Fa qin LAN
Expand

Received date: 2004-10-12

  Online published: 2005-02-25

Fold

摘要

资本项目开放的测度问题是研究所有资本项目开放的基础性问题, 至关重要。目前, 国际上主要有约束式和开放式两大类测度方法, 它们各有利弊, 互为补充。在借鉴海外学术界各种测度方法的基础上, 构建符合中国特点的开放式和准约束式的测度指标, 对中国的资本项目开放程度进行测度后可以发现, 中国目前的资本项目开放处于中等开放的水平。

关键词： 资本项目开放; 开放式测度; 准约束式测度

本文引用格式

蓝发钦 . 中国资本项目开放的测度[J]. 华东师范大学学报(哲学社会科学版), 2005 , 37(2) : 87 -94 . DOI: 10.16382/j.cnki.1000-5579.2005.02.014

Abstract

Theoretically, there are two complementary measures of openness of capital account: restriction measure and openness measure. Based on a summing-up of several measures, this paper puts forward two feasible means to measure the openness of China's capital account, and further finds out that China's capital account is in the medium-open level.

Key words： openness of capital account; openness measure; restriction measure

参考文献

1 O'Donnell, Barry, 2001, Financial Openness and Economic Performance(unpublished; Dublin: Trinity college).
2 王国刚. 循序渐进开放中国资本项目[N]. 中国证券报, 2003-01-13(14).
3 Grilli, Milesi-Ferretti, 1995, Economic Effects and Structural Determinants of Capital Controls, IMF Staff Papers, 42(3): 517-551.
4 Cottarelli, C., Giannini, C., 1997, Credibility without Rules? Monetary Frameworks in the Post-Breton Woods Era, IMF Occasional Paper, No. 154.
5 Quinn, Dennis, 1997, The Correlates of Change in International Financial Regulation, American Political Science Review, 91(3)(September): pp. 531-551.
6 Feldstein, Martin and Charles Horioka, 1980, Domestic Saving and International Capital Flows, The Economic Journal, 90(358): pp. 314-329.
7 Obstfeld, Maurice, 1986, Capital Mobility in the World Economy: Theory and Measurement, in Carnegie-Rochester Conference Series on Public Policy, Vol. 24, ed., by K. Brunner and A. Meltzer, (Spring).
8 Bayoumi, Tamim, 1990, Saving-Investment Correlations, IMF Staff Papers, 37(2)(June): pp. 360-386.
9 Edwards, Sebastion and Mohsin S. Khan, 1985, Interest Kate Determination in Developing Countries: A Conceptual Framework, IMF Staff Papers, September, pp. 377-403.
10 Helmut Reisen and Helene Yeches, 1993, Time-varying Estimates on the Openness of the Capital Account in Korea and Taiwan, Journal of Development Economics, 41: pp. 285-305.
11 王晓春 , 2001, 《中国资本项目开放度浅析》, 《统计研究》 第6期。,39-42.
12 Kraay, Aart, 1998, In Search of the Macroeconomic Effects of Capital Account liberalization(unpublished; Washington: The World Bank).
13 Lane, P., Gian Maria Milesi-Ferretti, 2002, The External Wealth of Nations, Journal of International Economics, forthcoming.
Options
文章导航

/

〈 〉