by employing vector error correction model and testing the responses of the estimated model to the structural shocks, this paper has identified the sources of the recurrent fluctuations in chinese economy and has assessed the empirical validity of the mundell-flaming model 本文基于向量誤差修正模型,通過檢驗經(jīng)濟系統(tǒng)對各種結(jié)構(gòu)沖擊的響應(yīng),來評估蒙代爾弗萊明模型對中國經(jīng)濟發(fā)展變化的預(yù)測能力,進而判斷蒙代爾弗萊明模型在中國的適用性。