How Exchange Rate Influence China-US Bilateral Trade Balance: Based on the empirical analysis from 1993 to 2016
2018 (engelsk)Independent thesis Basic level (degree of Bachelor), 10 poäng / 15 hp
Oppgave
Abstract [en]
This thesis tends to figure out the influence of the real effective exchange rate on the trade balance between China and the USA, using time series data from 1993 to 2015. After passing the unit root test and cointegration test, I established the ECM model for the empirical work, and find out that the influence does exist, but the effect is the only minor. Moreover, the short-run effect corresponds to the pass-through period described in the J-Curve theory.
sted, utgiver, år, opplag, sider
2018. , s. 27
Emneord [en]
Real effective exchange rate, China-US trade, trade balance, J-curve, ECM
HSV kategori
Identifikatorer
URN: urn:nbn:se:hv:diva-13145Lokal ID: NAX500OAI: oai:DiVA.org:hv-13145DiVA, id: diva2:1264479
Fag / kurs
Nationalekonomi
Utdanningsprogram
International Programme in Politics and Economics
Veileder
Examiner
2018-12-112018-11-202018-12-11bibliografisk kontrollert