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ID082895
Title ProperReal exchange rates and China's bilateral exports towards industrialized countries
LanguageENG
AuthorHua, Ping
Publication2008.
Summary / Abstract (Note)A bilateral export demand function is used to estimate the effects on the Chinese bilateral exports of three real exchange rates: (1) bilateral real exchange rate capturing the price-competitiveness of the Chinese products in the market of the considered import country (traditional effect); (2) real effective exchange rate capturing the price-competitiveness of the goods of Chinese competitors in the same market (third-export-country effect); (3) real effective exchange rate capturing the price-competitiveness of the Chinese products in China's other export markets (third-import-country effect). This function is applied for the Chinese bilateral real exports towards 11 industrialized countries over the period from 1991 to 2004. The econometric results confirm the effects of the three real exchange rates, as well as the effects of the demand from developed countries.
`In' analytical NoteJournal of Chinese Economics and Business Studies Vol. 6, No.3; Aug 2008: p241-259
Journal SourceJournal of Chinese Economics and Business Studies Vol. 6, No.3; Aug 2008: p241-259
Key WordsBilateral Exports ;  China ;  Real Exchange Rates