中国行业层面实际有效汇率测算:2000～2009

发布时间：2017-12-31 23:08

本文关键词：中国行业层面实际有效汇率测算:2000～2009　出处：《世界经济》2013年05期 　论文类型：期刊论文

【摘要】：本文通过匹配国内外行业价格数据和贸易数据,测算分行业人民币实际有效汇率。结论表明,中国不同行业间的实际有效汇率存在显著差别,传统方法测算的加总国家层面的实际有效汇率忽视了其中的异质性特征。随后,本文讨论了名义有效汇率与相对有效价格对实际有效汇率的贡献,发现虽然在加总层面名义有效汇率对实际有效汇率变动的贡献超过90%,但是针对某些具体的行业,相对价格却是实际有效汇率变动的主要原因。最后,为解决分行业实际有效汇率指标运用于计量经济分析时潜在的内生性问题,本文提出修正后的指标,并将之运用于讨论汇率与贸易关系,发现分行业实际有效汇率指标明显优于加总层面的实际有效汇率,能够更加准确地揭示汇率与贸易的关系。
[Abstract]:In this paper, domestic and foreign trade price data and trade data, the industry estimates the real effective exchange rate of RMB. The conclusion shows that there is significant difference between the real effective exchange rate China between different industries, the real effective exchange rate and the total national level of the traditional measurement methods ignore the heterogeneity of them. Then, this paper discusses the nominal effective exchange rate and the relative price of effective contribution to the real effective exchange rate, found that although in the total level of the nominal effective exchange rate more than 90% of the real effective exchange rate of contribution, but in some specific industries, the main cause of the real effective exchange rate is the price. Finally, in order to solve the industry real effective exchange rate index using the endogeneity problem in measurement the economic analysis of the potential, proposed the modified index, are used to discuss the relationship between exchange rate and trade industry, found the actual The effective exchange rate index is obviously superior to the actual effective exchange rate at the total level, and can more accurately reveal the relationship between exchange rate and trade.

【作者单位】：北京师范大学经济管理学院;中国社会科学院世界经济与政治研究所经济发展研究室;
【基金】：中央高校基本科研业务费专项资金的资助
【分类号】：F832.6
【正文快照】： -引言近年来,有关人民币汇率变动对中国经济影响的争论很多,绝大多数研究采用加总国家层面的实际有效汇率指标。但是,不同行业的国内外价格变化以及对外贸易结构不同,它们面临的实际有效汇率也是不同的。如果仅测算加总国家层面的实际有效汇率,无法厘清不同行业的异质性竞争力

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