通胀的成本因素、传导机制及其区域差异——基于中国省际面板数据的实证研究

以1996～2010年我国企业生产要素和劳动力成本的面板数据,对国内成本推动型通胀的影响因素从传导机制、地区差异等方面进行了较为深入的探索性研究。研究发现,1996～2010年间劳动力工资和国际大宗商品价格是推动中国通胀的两大重要成本因素。其中,国际大宗商品价格主要通过企业生产要素价格推高我国通胀,而国际油价则通过企业劳动力成本推动国内通胀;另外中、西部地区通胀来自劳动力成本的压力较为明显,但东部地区压力相对较小;同时中部地区通胀能够有效地避免国际大宗商品价格的冲击,而东、西部地区通胀却遭受较为严重的大宗商品价格冲击。

Cost-push Inflation, the Transmission Mechanism and Regional Differences: Empirical Research of Inter provincial Panel Data

Using the panel data of enterprise production factors and labor costs from 1996 to 2010, the exploratory research has been done on the factors of cost-push inflation, it transmission mechanism and regional differences. The results show that labor costs and the international commodity price both had a serious push forces on China''s inflation from 1996 to 2010. The push force from international commodity prices has been effective through the increase of production factors, while the push force from international oil has been effective through the increase of labor costs. Moreover, the labor cost-push inflation is more serious in the west than that in the east, however, the inflation caused by the international commodity price happens more frequently in the east and the west than in the central region.