Empirical Analysis of the Influence of RMB Appreciation on Export Trade in Zhejiang
This paper uses Box-Jenkins method to analyze the influence of recent years RMB appreciation on export trade of Zhejiang Province. Results from empirical analysis present that RMB appreciation makes no significant influence, but only small fluctuations for a very short period on Zhejiang export volumes. This conclusion is in contradiction with ordinary theories of exchange rate. It is because that recently, Zhejiang export structure has taken great changes. As a result, we should pay more attention to trade structures while analyzing the impact on export trade caused by exchange shocks.
RMB Appreciation Export Trade ARIMA Model Exports Structure
Huang Yanjun Bao Jiajie
College of Economics, Zhejiang University, Hangzhou P.R.China, 310027
国际会议
天津
英文
2007-10-20(万方平台首次上网日期,不代表论文的发表时间)