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- 2018-12-31 发布于湖北
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李文军 张巍巍
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[Abstract] Trade structures between China and its partners, especially Asian partners and
Western partners, vary a lot, so bilateral trade effects of their corresponding RMB exchange rates
are different too. In this paper, panel data models are used to analyze empirically the impacts of
RMB exchange rate on trade between China and its major partners from a bilateral perspective.
Then, with trade data divided into primary products and manufactures, this paper explains further
the impacts of bilateral RMB exchange rate on different kinds of bilateral trade. Some meaningful
results are got.
[Key Words] RMB Exchange Rate; Foreign Trade Effect; Panel Data Model
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