How did RMB Appreciation Influence Chinas Import and Export:An Empirical Analysis on the Appreciation during 2005-2008
paper aims at assessing how the RMB appreciation caused by the reform of RMB in 2005 impacted Chinas import and export by empirical analysis. Correlation analysis indicates that the RMB exchange rale had medium positive correlation with import growth rate; meanwhile, it had relatively weak negative correlation with the export growth rate. The VAR models show this RMB appreciation promoted the import of tobacco, wine and some kinds of raw materials; while impeded the export of Food live animals, Beverages and tobaccos and Machinery and transport equipments.
appreciation Chinas import and export VAR models
Xuan Jiang Wen Long
School of Economics & Management,Beihang University, BUAA Beijing 100191, China Research Center on Fictitious Economy & Data Science,Chinese Academy of Sciences, CAS Beijing 100190
国际会议
上海
英文
31-36
2011-03-11(万方平台首次上网日期,不代表论文的发表时间)