国际资本流动管制效果的综合评价:基于文献挖掘的方法

发布时间：2018-03-23 01:04

本文选题：资本管制　切入点：管制效果　出处：《管理评论》2011年07期 　论文类型：期刊论文

【摘要】：资本管制作为一项宏观经济管理政策,被广大国家,尤其是被发展中国家和新兴经济体政府广泛应用。管制政策是否有效是政府和学术界热切关注的焦点。关于资本管制效果方面的学术研究,存在几个问题:(1)评价资本管制效果的基准不统一,进而评价指标选取各异;(2)评价指标选取不全面,多针对一、二个政策目标;(3)不同国家不同时期,对资本管制效果的评价存在显著差异。本文针对这些问题,构建两个资本管制效果评价指标,据以对现有资本管制效果方面的文献的研究结论进行信息综合,既得到了资本管制单个政策目标实现方面的文献信息综合,亦获得了资本管制政策效果的综合全面评价。得出的结论主要有:对资本流入的管制在改变资本流入结构方面效果最好,而对资本流出的管制则在维护货币政策独立性方面最有效果。不论是对资本流入还是资本流出的管制,在减轻汇率压力方面基本无效果。最后,对我国的资本管制政策提出了相应的完善建议。
[Abstract]:As a macroeconomic management policy, capital control has been widely used in many countries. In particular, it is widely used by governments in developing countries and emerging economies. The effectiveness of regulatory policies is the focus of keen attention by governments and academia. Academic research on the effects of capital controls, There are several problems: (1) the criteria for evaluating the effectiveness of capital controls are not uniform, and then the selection of evaluation indicators is different. (2) the selection of evaluation indicators is not comprehensive, and most of them are aimed at one or two policy objectives at different periods in different countries. There are significant differences in the evaluation of the effect of capital control. In view of these problems, this paper constructs two indexes of capital control effect evaluation, which can be used to synthesize the information of the existing literature on the capital control effect. The literature and information on the realization of individual policy objectives of capital control have been obtained. A comprehensive and comprehensive evaluation of the effects of capital control policies has also been obtained. The main conclusions are as follows: controls on capital inflows are the most effective in changing the structure of capital inflows. Controls on capital outflows are the most effective in maintaining the independence of monetary policy. Controls on capital inflows and outflows are largely ineffective in reducing exchange rate pressures. Finally, Put forward the corresponding perfect suggestion to our country's capital control policy.
【作者单位】：中国科学院虚拟经济与数据科学研究中心;中国科学院研究生院管理学院;
【基金】：国家自然科学基金项目(70673100);国家自然科学基金重点项目(0933003);国家自然科学基金创新群体项目(70921061) “中国科学院、国家外国专家局创新团队国际合作伙伴计划”资助
【分类号】：F831.7;F224

【参考文献】