农产品期货价格指数与CPI关系的实证研究  

The Empirical Study of the Relationship between the Furthers Price Index of Farm Products and CPI

作　　者：张树忠[1] 李天忠[1] 丁涛[1] 

机构地区：[1]中国人民银行郑州中心支行,河南郑州450002

出　　处：《金融研究》2006年第11期103-115,共13页Journal of Financial Research

摘　　要：期货指数在国外已成为通货膨胀的早期预警指标,对中央银行货币政策制定与调整发挥着重要的指示作用。我国期货市场经过不断的规范与发展后,其价格发现功能不断完善,对宏观经济的先行作用开始显现。本文通过计算我国农产品期货价格指数,通过检验其与CPI的实证关系,论证了我国农产品期货价格指数对CPI的先行指示作用。The futures index has been the early-warning indicator of inflation in foreign countries.It is impor- tant for the central bank to make and adjust the Monetary Policy.With the constantly regulation and develop- ment of the domestic futures market,the function of price discovery is kept on improving and the leading effect to the Macro-economy is emerging.The paper verified the leading effect of futures price index of farm prod- ucts in our country on CPI,mainly through calculating,analyzing the futures price...

关 键 词：期货市场 价格指数 先行指标 

分 类 号：F724.5[经济管理—产业经济]