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We use the Chinese experience between 1867 and 1910 to illustrate how the volatility of vehicle currencies affects trade. Today's widespread vehicle currency is the dollar. However, the macroeconomic effects of this use of the dollar have rarely been addressed. This is partly due to...
Persistent link: https://www.econbiz.de/10011500790
We use the Chinese experience between 1867 and 1910 to illustrate how the volatility of vehicle currencies affects trade. Today’s widespread vehicle currency is the dollar. However, the macroeconomic effects of this use of the dollar have rarely been addressed. This is partly due to...
Persistent link: https://www.econbiz.de/10011500162
for an exchange rate effect on Chinese exports …
Persistent link: https://www.econbiz.de/10012899706
exchange rate -- but the relationships are not always precisely or robustly estimated. Chinese exports are generally well … the fact a substantial share of imports are subsequently incorporated into Chinese exports. We find that some of these …
Persistent link: https://www.econbiz.de/10012148669
exchange rate - but the relationships are not always precisely or robustly estimated. Chinese exports are generally well … the fact a substantial share of imports are subsequently incorporated into Chinese exports. We find that some of these …
Persistent link: https://www.econbiz.de/10013104874
I estimate the impact of China's GDP on Korean exports to the world and Korean exports to China based on the VAR model …. It is found that the responses of Korean exports to shocks in China's GDP are very different by export type (exports of … exports is increasing, Korean exports of capital goods respond most sensitively to these shocks among the three export types …
Persistent link: https://www.econbiz.de/10013076906
exports, the PRC's structural change is also likely to have a significant impact - e.g. the PRC will import fewer machines and … transformation on the exports of East and Southeast Asian economies, which have close trade linkages with the PRC. We find that … economies which failed to increase the share of consumption goods in their exports to the PRC suffered larger declines in their …
Persistent link: https://www.econbiz.de/10011579531
exports, the PRC's structural change is also likely to have a significant impact — e.g. the PRC will import fewer machines and … transformation on the exports of East and Southeast Asian economies, which have close trade linkages with the PRC. We find that … economies which failed to increase the share of consumption goods in their exports to the PRC suffered larger declines in their …
Persistent link: https://www.econbiz.de/10012980863
about the effect of the slowdown in China's growth on their exports, China's structural changes are also likely to have a … is to empirically examine the effect of China's structural transformation on the exports of East Asian economies, which … their exports to China have suffered larger declines in their quantities of exports to China. In addition, economies that …
Persistent link: https://www.econbiz.de/10014121327
exchange rate -- but the relationships are not always precisely or robustly estimated. Chinese exports are generally well … the fact a substantial share of imports are subsequently incorporated into Chinese exports. We find that some of these …
Persistent link: https://www.econbiz.de/10010818564