TY - JOUR
T1 - Does China really lose from RMB revaluation : evidence from some export industries
AU - VOON, Jan Piaw, Thomas
AU - LI, Guangzhong
AU - RAN, Jimmy
PY - 2006/1/1
Y1 - 2006/1/1
N2 - This study attempts to examine the impacts of Real Exchange Rate (RER) misalignment on China's export performance. Using the SUR methodology coupled with disaggregate panel export data, it shows that China's export sector may not necessarily lose from the Central Government's decision to revalue its RMB against the US dollar because the negative impact of the RER appreciation on Chinese exports may be diluted by the positive impacts attributing to a reduction in the RER misalignment.
AB - This study attempts to examine the impacts of Real Exchange Rate (RER) misalignment on China's export performance. Using the SUR methodology coupled with disaggregate panel export data, it shows that China's export sector may not necessarily lose from the Central Government's decision to revalue its RMB against the US dollar because the negative impact of the RER appreciation on Chinese exports may be diluted by the positive impacts attributing to a reduction in the RER misalignment.
UR - http://commons.ln.edu.hk/sw_master/353
UR - http://www.scopus.com/inward/record.url?scp=33748109211&partnerID=8YFLogxK
U2 - 10.1080/00036840500427304
DO - 10.1080/00036840500427304
M3 - Journal Article (refereed)
SN - 0003-6846
VL - 38
SP - 1715
EP - 1723
JO - Applied Economics
JF - Applied Economics
IS - 15
ER -