Earticle

초록

영어

This study is to examine countermeasures to the possibility of the abrupt change in Chinese Rinminbi through analyzing the effect of the real effective exchange rates in Chinese Rinminbi on the export and import prices in trade between China and Korea. The export and import prices are calculated by the value of exports and imports divided by the quantity. The SITC are categorized by 10 sections to analyze the prices items by items. Since SITC 9 section is not available, this study use the sections from SITC 0 to SITC 8. The Chinese Rinminbi nominal and real effective exchange rates are used by explanatory variables. The data are covered the periods from the first quarter of 1994 to the first quarter of 2010. The empirical results in all cases except SITC 1, the adjustment is occurred by nominal and real effective exchanger rates, in which all signs of direction are positive. This implies in the fixed Chinese Rinminbi exchange rate system that the deviations from long-run equilibrium lead to completely increase the consumer price index. This study show that machinery, steel and petrochemistry over 30% in exports to China have the price competitive advantage due to the appreciation in Chinese Rinminbi, but they may also have negative impacts from the abrupt changes in Chinese economy.

목차

Abstract
 Ⅰ. 서론
 Ⅱ. 중국의 환율제도
  1. 계획경제시기(1949∼1980)
  2. 복수환율제도(1981～1993)
  3. 단일 관리변동환율제도(1994～2005)
  4. 관리변동환율제도(2005～현재)
 Ⅲ. 실증분석
  1. 선행연구
  2. 분석자료
  3. 분석방법
  4. 벡터오차수정모형
  5. 충격반응함수
 Ⅳ. 결론
 참고문헌

키워드

저자

• 정상국 [ Sang-kuck Chung | 인제대학교 국제경상학부 교수 ] 제1연구자
• 김성기 [ Seong-Ki Kim | 동아대학교 국제무역학과 겸임교수 ] 교신저자

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  무역통상학회지 [Journal of Korea Research Association of International Commerce]

• 간기

  격월간

• pISSN

  1738-4354

• 수록기간

  2001~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 326 DDC 380