资本管制能够影响国际资本流动吗?

被引：61

作者：

刘莉亚

程天笑

关益众

杨金强

机构：

[1] 上海财经大学金融学院

来源：

经济研究 | 2013年 / 48卷 / 05期

关键词：

资本管制; 国际资本; 异常流动;

D O I：

暂无

中图分类号：

F831 [世界金融、银行];

学科分类号：

020202 ;

摘要：

面对汹涌的国际资本流动,IMF明确提出了资本管制的政策框架,标志着IMF对资本管制立场的重大改变。本文分别从国际资本流动异常状态、规模和波动性三个角度考察资本管制影响国际资本流动的有效性。考虑到国际资本净流动可能抹平国际资本流动波动,本文使用国际资本流动总量数据,理论分析并实证检验了资本管制对国际资本流动的影响。研究结果表明:资本管制将加大国内产出冲击波动,导致资本管制对国际资本流动的作用非常有限。

引用

页码：33 / 46

页数：14

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