Study on the influence of RMB exchange rate change on the long-term and long-term effects of China's import and export trade

  • Yugan Geng Anhui University of Finance and Economics
  • Jiaming Zhu
  • Tianye Gu
Article ID: 1627
181 Views, 13 PDF Downloads
Keywords: RMB exchange rate change, ADF test, Granger causality test, empirical analysis

Abstract

since the Asian financial crisis in 2002, the RMB has appeared in the public view again. At the same time, the change of RMB exchange rate has become a hot topic for scholars to discuss and study.Through the analysis of the basic literature, it is found that most scholars focus on the impact of RMB exchange rate changes on a certain industry. As a result, this paper selects the nominal exchange rate of RMB, the real exchange rate of RMB, the total import and export trade of China and the total import and export demand of China as the research variables to explore the short-term and long-term effects of RMB exchange rate changes on China's commodity import and export trade.

References

Chen Lin, Yuan Zhigang, Zhu Jian ,2020, How RMB Exchange Rate Volatility Affect Foreign Direct Investment of Chinese Enterprises, Financial Research, No .3,2020, pp .21~36;

Lu Bing, Wang Yaqi, Hong Shengjie ,2020, Expected RMB Exchange Rate Changes and False Trade, Financial Research, No .1,2020, pp .9~14;

Zhou, Kun-shu, Fang ,2017, Empirical Analysis of the Exchange Rate Movement of RMB and China's Trade Relations in and out of the Philippines, Foreign Investment and Trade, pp .17~20;

Hu Xu ,2019, Study on the Influence of RMB Exchange Rate Changes on China's Import and Export Trade, Time Finance, pp .55~56;

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Wang Min ,2009. A Study on the FDI of RMB Exchange Rate Changes and their Trade Structure Effects. Journal of Liaoning University ,15~18.

Published
2021-08-26
How to Cite
Geng, Y., Zhu, J., & Gu, T. (2021). Study on the influence of RMB exchange rate change on the long-term and long-term effects of China’s import and export trade. Financial Forum, 10(1), 21-27. https://doi.org/10.18282/ff.v10i1.1627
Section
Original Research Article