Exchange Rate, Credit Constraints and China’s International Trade
Authors: Yu, Miaojie
Free Preview- Offers case studies on the internationalization of the Chinese economy
- Examines the significance of the RMB in the world economy
- Explores the idea of China as a champion for free trade in the age of populism
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- About this book
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This book, by one of China's leading economists, explores the past and present of the RMB—the people's currency—as it is poised to compete with the dollar as the international reserve currency.
Exchange rate movement and its pass-through to changes in domestic prices have been topics of wide concern among economists. However, relatively few studies have empirically investigated the relationship between exchange rate movements and China's international trade.This book fills this gap, using the general equilibrium theory of the western economic science norm systems, integrating the leading heterogeneous firm theory of international trade, attempting to set up a theoretical structural model for further prediction, and applying the data from sample cases to examine the structural model. This book will be of interest to economists, financiers, and China watchers.
- About the authors
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Miaojie Yu is a Professor and Deputy Dean of National School of Development (NSD), Peking University. He is deputy director of China Center for Economic Research (CCER), Peking University, and Secretary-General, International Consortium for China Studies. He is a Cheung-Kong Distinguished Scholar of Ministry of Education of China and was awarded China’s National Science Fund for Distinguished Young Scholars.
- Table of contents (10 chapters)
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Does Appreciation of the RMB Decrease Imports to the US from China?
Pages 1-29
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Revaluation of the Chinese Yuan and Triad Trade: A Gravity Assessment
Pages 31-53
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Exports, Productivity, and Credit Constraints
Pages 55-96
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Exports and Credit Constraints under Incomplete Information
Pages 97-136
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Exchange Rate Movements and Exporter Profitability
Pages 137-161
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Table of contents (10 chapters)
Bibliographic Information
- Bibliographic Information
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- Book Title
- Exchange Rate, Credit Constraints and China’s International Trade
- Authors
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- Miaojie Yu
- Copyright
- 2021
- Publisher
- Palgrave Macmillan
- Copyright Holder
- Springer Nature Singapore Pte Ltd.
- eBook ISBN
- 978-981-15-7522-8
- DOI
- 10.1007/978-981-15-7522-8
- Hardcover ISBN
- 978-981-15-7521-1
- Edition Number
- 1
- Number of Pages
- XI, 302
- Number of Illustrations
- 18 b/w illustrations
- Topics