境外资金流入对我国通货膨胀影响的分析

外商直接投资对我国经济发展起到了重大作用，但也带来了通货膨胀的压力。采用最小二乘法、单位根检验、Johansen协整检验、Granger因果检验等方法，对我国1999年1月—2009年2月的外商直接投资与居民消费价格指数的月度时问序列数据进行实证分析，结果表明外商直接投资与消费者物价指数之间存在着明显正相关性，且新增的外商直接投资对通货膨胀率的影响具有滞后效用。

The Influence of Foreign Capital Inflows on Chinese Inflation

Foreign direct investment has a great impact on the development of Chinese economy, but at the same time brings the pressure of inflation. This paper has conducted a positive analysis of foreign direct investment and the monthly time series data of consumer price index from January of 1991 to February of 2009 through least square method, unit root test, Johansen cointergration test and Granger causality test. The result shows that there is obvious positive correlation between foreign direct investment and consumer price index. And the newly increased foreign direct investment has a backward effect on the inflation.