论文部分内容阅读
本文从理论与实证两方面对实际汇率以及汇率波动性的变动对中国出口商品国内价格的影响进行了研究。理论分析强调了汇率对出口商品国内价格的影响方向取决于商品的需求价格弹性。对我国1990—2002年共12种商品平行数据的实证分析说明了汇率波动性增加可能导致部分初级产品国内价格水平的下降。全文分析强调了实际汇率波动性对国内商品价格的影响。
This article studies the impact of the real exchange rate and the fluctuation of exchange rate volatility on the domestic prices of China’s exports from the theoretical and empirical aspects. Theoretical analysis emphasizes that the direction of the exchange rate on the domestic price of export commodities depends on the price elasticity of demand for commodities. An empirical analysis of a total of 12 commodity parallel data in China from 1990 to 2002 shows that the increase of exchange rate volatility may lead to the drop of the domestic price level of some primary commodities. Full-text analysis highlights the impact of real exchange rate volatility on domestic commodity prices.