2007•Journal of Beijing Institute of Economic ManagementRequires access
The Empirical Research of the Relationship between Exchange Rate and Enterprises' Import & Export Activities in China
YU Cong-bo
Open publisher page 0 citations
Abstract
This paper analyzed the influence of RMB real effective exchange rate(REER) to Chinese enterprises' import and export activities with a co-integration testing method.Then it studied the short-term dynamic adjustment mechanism of the impact of REER、GDP to China's import export,the results indicated that there was a co-integration relationship among the economic variables in the equation of China's import export,it also showed the RMB real effective exchange rate had a certain impact on China's import export,but the impact was relatively small in the long run.So,the regulatory effect of exchange rate on China's import export was limited.