从传统的计价货币选择理论入手,对有关国际贸易计价货币选择的文献进行综述。研究发现,货币的交易成本、产品的需求弹性、预期利润、讨价还价能力和市场占有率是国际贸易中企业计价货币选择的微观影响因素;而通货膨胀高低、货币供给波动大小和汇率波动程度是宏观影响因素。在微观企业计价货币选择的决策中融入宏观经济变量的动态一般均衡模型研究.以及微观企业时间序列数据的挖掘是未来计价货币选择理论的研究方向。
Proceeding from the traditional theory about the choice of invoicing currency, this paper conducts a review of the literature on the choice of invoicing currency in international trade. The study result shows that currency transaction costs, the product elasticity of demand, expected profits, bargaining power and market share are the micro factors for the choice of invoicing currency in international trade while high or low inflation, money supply fluctuations and exchange rate fluctuations are the macro factors for it. The integration of macroeconomic variables into the dynamic general equilibrium model when micro enterprises make decisions on the choice of invoicing currency, and enterprise time-series data mining will be the future research direction in the theory about the choice of invoicing currency.