Macroeconomic impacts of Chinese currency appreciation on China and the Rest of World: A global CGE analysis
文献类型：SCI/SSCI论文
| 作者 | Yang J. |
| 发表日期 | 2013 |
| 关键词 | Exchange rate Economic impacts General equilibrium model exchange-rate renminbi undervaluation policy model will |
| 英文摘要 | This paper analyzes the ex-ante short-term impacts of the Chinese RMB appreciation on the Chinese and world economy, using a novel approach of modeling nominal exchange rate adjustment in the GTAP, a global CGE model. Scenario results show that Chinese economy will be affected negatively, with lower real GDP, lower employment rates, and a decline in the trade surplus. Chinese currency appreciation has positive impact on the GDP of the major countries and regions, although by a small margin. With higher Chinese exchange rate, trade balance for other trading partner countries improves with the exception of the U.S. (C) 2013 Society for Policy Modeling. Published by Elsevier Inc. All rights reserved. |
| 出处 | Journal of Policy Modeling |
| 卷 | 35 |
| 期 | 6 |
| 页 | 1029-1042 |
| 收录类别 | SCI |
| 语种 | 英语 |
| ISSN号 | 0161-8938 |
| 源URL | [http://ir.igsnrr.ac.cn/handle/311030/30112]  |
| 专题 | 地理科学与资源研究所_历年回溯文献 |
| 推荐引用方式 GB/T 7714 | Yang J.. Macroeconomic impacts of Chinese currency appreciation on China and the Rest of World: A global CGE analysis. 2013. |
入库方式： OAI收割
来源：地理科学与资源研究所
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