Does China really lose from RMB revaluation : evidence from some export industries

Jan Piaw, Thomas VOON, Guangzhong LI, Jimmy RAN

Research output: Journal PublicationsJournal Article (refereed)

4 Citations (Scopus)

Abstract

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.
Original languageEnglish
Pages (from-to)1715-1723
Number of pages9
JournalApplied Economics
Volume38
Issue number15
DOIs
Publication statusPublished - 1 Jan 2006

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