Did capital control and financial depth affect the demand of foreign reserves?

Dian Lei Lu; Zhi Xin Liu

Did capital control and financial depth affect the demand of foreign reserves?

Dian Lei Lu
, Zhi Xin Liu

经济管理学院

Beihang University

科研成果: 书/报告/会议事项章节 › 会议稿件 › 同行评审

摘要

We combined foreign reserves, capital control and financial depth with other economic variables in the OLS model and discussed the factors that affect the demand of China’s foreign reserves. The results showed that 1) a considerable number of foreign reserves are passively accumulated, for instance, stronger capital controls and deeper financial system will lower the demand of foreign reserves; 2) the ratio of Hot Money/GDP is more significant than the FDI/GDP as a proxy of foreign reserves’ protective demand.

源语言	英语
主期刊名	Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014
编辑	Wen-Pei Sung, Wenli Yao, Hsiang-Chuan Liu
出版商	CRC Press/Balkema
页	919-922
页数	4
ISBN（印刷版）	9781138028555
出版状态	已出版 - 2015
活动	International Conference on Management, Information and Educational Engineering, MIEE 2014 - Xiamen, 中国期限: 22 11月 2014 → 23 11月 2014

出版系列

姓名	Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014
卷	2

会议

会议	International Conference on Management, Information and Educational Engineering, MIEE 2014
国家/地区	中国
市	Xiamen
时期	22/11/14 → 23/11/14

其它文件与链接

链接到 Scopus 的出版物

引用此

Lu, D. L., & Liu, Z. X. (2015). Did capital control and financial depth affect the demand of foreign reserves? 在 W.-P. Sung, W. Yao, & H.-C. Liu (编辑), Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014 (页码 919-922). (Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014; 卷 2). CRC Press/Balkema.

Lu, Dian Lei ; Liu, Zhi Xin. / Did capital control and financial depth affect the demand of foreign reserves?. Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014. 编辑 / Wen-Pei Sung ; Wenli Yao ; Hsiang-Chuan Liu. CRC Press/Balkema, 2015. 页码 919-922 (Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014).

@inproceedings{d193dec8ca244befb301f674f7f072b9,

title = "Did capital control and financial depth affect the demand of foreign reserves?",

abstract = "We combined foreign reserves, capital control and financial depth with other economic variables in the OLS model and discussed the factors that affect the demand of China{\textquoteright}s foreign reserves. The results showed that 1) a considerable number of foreign reserves are passively accumulated, for instance, stronger capital controls and deeper financial system will lower the demand of foreign reserves; 2) the ratio of Hot Money/GDP is more significant than the FDI/GDP as a proxy of foreign reserves{\textquoteright} protective demand.",

keywords = "Capital controls, Financial depth, Foreign reserves",

author = "Lu, \{Dian Lei\} and Liu, \{Zhi Xin\}",

note = "Publisher Copyright: {\textcopyright} 2015 Taylor \& Francis Group, London.; International Conference on Management, Information and Educational Engineering, MIEE 2014 ; Conference date: 22-11-2014 Through 23-11-2014",

year = "2015",

language = "英语",

isbn = "9781138028555",

series = "Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014",

publisher = "CRC Press/Balkema",

pages = "919--922",

editor = "Wen-Pei Sung and Wenli Yao and Hsiang-Chuan Liu",

booktitle = "Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014",

}

Lu, DL & Liu, ZX 2015, Did capital control and financial depth affect the demand of foreign reserves? 在 W-P Sung, W Yao & H-C Liu (编辑), Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014. Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014, 卷 2, CRC Press/Balkema, 页码 919-922, International Conference on Management, Information and Educational Engineering, MIEE 2014, Xiamen, 中国, 22/11/14.

Did capital control and financial depth affect the demand of foreign reserves? / Lu, Dian Lei; Liu, Zhi Xin.
Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014. 编辑 / Wen-Pei Sung; Wenli Yao; Hsiang-Chuan Liu. CRC Press/Balkema, 2015. 页码 919-922 (Proceedings of the International Conference on Management, Information and Educational Engineering, MIEE 2014; 卷 2).