中国两岸区域货币单位“中元”的构建与分析  

The Construction and Analysis on the Cross-strait Regional Currency Unit "Chinese Yuan" in China

作　　者：张志敏[1] 苑西恒[1] 

机构地区：[1]中央财经大学经济学院,北京100081

出　　处：《河北经贸大学学报》2015年第5期69-75,共7页Journal of Hebei University of Economics and Business

基　　金：国家社会科学基金一般项目"行为宏观经济学在中国经济波动理论和政策中的应用研究"(11BJL018);中央财经大学经济学院研究生科研创新基金项目

摘　　要：金融危机的发生暴露出当前我国一国四币的货币体系存在的弊端,加强两岸区域间货币合作,并最终实现货币一体化是未来发展的必然趋势。借鉴欧元和特别提款权的构造思想和发展经验,构建了以人民币、港元、澳元和新台币为基础的区域货币单位"中元"。根据美元和欧元构成的参照货币篮子计算了"中元"的汇率,并以此为基础计算了名义偏差指数和实际偏差指数,从汇率稳定性角度分析区域货币单位"中元"的稳定性与监管的可能性。最终得出依据贸易额和购买力平价计算的GDP的算术平均数计算得出的"中元"最为稳定,两种指数均应予以测算并报告。The occurrence of financial crisis has exposed the insufficiency that a country has four kinds of currencies. Now that the monetary authorities strengthen the monetary cooperation among Hong Kong, Macao, Taiwan and the mainland, and finally realize the monetary integration are the inevitable trend of future development. Using the construction thought and development experience of the Euro and the Special Drawing Rights （SDRS）, we can construct ＂Chinese Yuan＂ based on the Ren Min Bi, Hong Kong dollar, Macao dollar and Taiwan dollar, and calculates the nominal deviation index and the real deviation index from the perspective of exchange rate stability, analyze the possibility of stability and regulation of the regional monetary unit ＂Chinese Yuan＂ from the perspective of exchange rate stability. Finally we conclude the ＂Chinese Yuan＂ is the most stable currency according to the arithmetic average of GDP from volume of trade and purchasing power parity terms, and two kinds of index should be measured and reported.

关 键 词：货币一体化 区域货币 单位名义 偏差指数 实际偏差指数 两岸区域 竞争性贬值 

分 类 号：F840[经济管理—保险]