摘要:货币政策是否有效性以及对于不同的区域是否应该使用相同的货币政策一直是经济学界争论的话题。本文是基于不同区域不同产业的角度来分析货币政策的有效性。

　　　本文在借鉴有关学者研究成果的基础上，理论结合实证对货币政策的区域产业效应进行分析。本文认为，第二产业对货币政策的反应最为敏感，而第一、三产业对货币政策反应程度较小；由于区域产业集中度的影响，货币政策对东部地区的产出影响最大，其次是中部地区，最后为西部地区。

关键词：货币政策 传导机制理论 区域产业效应 一元线性回归

Abstract:Monetary policy is for different area efficacy, and whether it should use the same currency policy has been economics debated subject. This paper is based on different regional different industries perspective the effectiveness of monetary policy. 

　　　Based on reference scholars on the basis of research achievements of theory combining empirical regional industrial effect of monetary policy is analyzed. This paper thinks, the second industry to monetary policy response most sensitive, and the first and third industry on monetary policy response lesser degree; Due to the influence of regional industrial concentration, monetary policy on the eastern region biggest influence the output, followed by the central region in the western region, finally. 

Key Words: Monetary policy, Conduction mechanism theory, Regional industry effect, linear regression