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Based On Static General Equilibrium Model Of China In Recent Years The Study Of The Causes Of Inflation

Posted on:2014-11-26Degree:MasterType:Thesis
Country:ChinaCandidate:L ZhengFull Text:PDF
GTID:2269330422460020Subject:Statistics
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Since human society entered the era of commodity economy, along with the late19th century economics, inflation has become the symbiosis development of theworld economy, inflation is a reflection of the state is stable macro-economy"barometer" Governments often close Concerned about the level of the inflation rate,the world economic community and Governments as well as the focus of the researchtopics of social groups, one for the study of the problem of inflation. As China’seconomic development both in the middle stage of industrialization, while in to acomprehensive socialist market economy during the transition period, various factorsinteract to study China’s inflation problem is even more important. Comprehensiveand objective analysis of the causes of Inflation in China has important practicalsignificance for maintaining the steady development of China’s macroeconomic.Before the reform and opening up, due to the planned economic system, Chinahas yet to inflation or expansion issues related theory to prepare research andexploration, but since the reform and opening up in1978, China has experienced anumber of inflation, not including this study,2000-2012One of the most typical four1979-19801984-19851987-19891992-1994. U.S. supreme mortgage crisistriggered by the global economic crisis since September2008, after the outbreak of2007, governments have introduced their own bailout plan, China also launched andimplemented a series of fiscal and monetary policy, China’s price level is rising,inflation the intensification of the expansion had a tremendous impact on people’slives. August2009, China’s consumer price index continues to rise. Since2010, thegeneral price level in China continue to rise. China’s consumer price index (CPI) inJuly2010exceeded3%of the cordon, the CPI rose5.1percent in November, theJanuary2011CPI weights to be adjusted, rose4.9percent year on year, and rose to5.4%in March. July is to reach as much as6.5%. Visible, the new phase of inflationhas emerged. The inflation problem once again become the focus of academia andgovernment issues.inflation in this article from the modern Western economics the basic theoreticalstarted, by reviewing the history of several inflation since China’s reform and opening up, and analyze their characteristics and reasons; then on the characteristics of thenew round of inflation in the2000-2011years for qualitative and descriptive statisticalanalysis and the causes, and then use the basic econometric methods to conductempirical research on inflation, Metrology and Inspection on various factors,including long-term general equilibrium analysis, unit root test, Granger causality testthe analysis and VAR dynamic model: the last comprehensive quantitative analysisderived results corresponding policy recommendations for controlling inflation. Theinnovation of this paper is to research methods and research perspective, innovation,application literature, statistical analysis methods to standardize the method ofcombining analytical and empirical analysis, in addition, most of the existingliterature, mostly from a certain type of the causes of inflation starting has beenfocused on the choice of variables to be studied, the lack of empirical analysis ofvarious factors. The paper selected round inspection cover demand, costs,expectations and imported factors and many other factors, and joined the recent roundof inflation data samples, and a lot of qualitative analysis and quantitative analysis,theoretical and empirical aspects of the formation of a more complete system, mutualsupport, confirm each other, in order to be more accurate and rich conclusions.
Keywords/Search Tags:Static equilibrium model, Inflation, Cause analysis, Suggestions
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