企业有效汇率变动对企业利润的影响
发布时间：2018-07-13 14:29
【摘要】：本文基于中国海关数据库和工业企业数据库,计算了2000-2006年企业净有效汇率、出口有效汇率、进口有效汇率以及加总有效汇率,从总体关系、作用渠道以及企业异质性等方面考察了企业有效汇率变动对企业利润的影响。研究发现,从总体上看,企业净有效汇率上升对企业利润有负向影响;从汇率变动影响企业利润的渠道来看,企业出口有效汇率上升对企业利润有负向影响,企业进口有效汇率上升对企业利润有正向影响;区分企业类型后,企业净有效汇率上升对不同贸易类型、不同利润率水平以及不同出口产品种类企业利润的影响都有所不同。
[Abstract]:Based on Chinese customs database and industrial enterprise database, this paper calculates the net effective exchange rate, export effective exchange rate, import effective exchange rate and aggregate effective exchange rate from 2000 to 2006. The influence of the change of the effective exchange rate on the profit of the firm is investigated in the aspects of the channel of action and the heterogeneity of the enterprise. It is found that, on the whole, the rise of the net effective exchange rate has a negative impact on the profit of the enterprise, and the increase of the effective exchange rate of the enterprise exports has a negative impact on the profits of the enterprise from the perspective of the channels through which the change of exchange rate affects the profits of the enterprise. The increase of the effective exchange rate of enterprise imports has a positive effect on the profits of the enterprise, and the net effective exchange rate of the enterprise has a different effect on the profit of different trade types, different profit margin levels and different export products after the differentiation of the enterprise type.
【作者单位】： 中国社会科学院世界经济与政治研究所;
【分类号】：F406.7;F752.6;F832.6
，
本文编号：2119694
[Abstract]:Based on Chinese customs database and industrial enterprise database, this paper calculates the net effective exchange rate, export effective exchange rate, import effective exchange rate and aggregate effective exchange rate from 2000 to 2006. The influence of the change of the effective exchange rate on the profit of the firm is investigated in the aspects of the channel of action and the heterogeneity of the enterprise. It is found that, on the whole, the rise of the net effective exchange rate has a negative impact on the profit of the enterprise, and the increase of the effective exchange rate of the enterprise exports has a negative impact on the profits of the enterprise from the perspective of the channels through which the change of exchange rate affects the profits of the enterprise. The increase of the effective exchange rate of enterprise imports has a positive effect on the profits of the enterprise, and the net effective exchange rate of the enterprise has a different effect on the profit of different trade types, different profit margin levels and different export products after the differentiation of the enterprise type.
【作者单位】： 中国社会科学院世界经济与政治研究所;
【分类号】：F406.7;F752.6;F832.6
，
本文编号：2119694
本文链接：https://www.wllwen.com/gongshangguanlilunwen/2119694.html
