Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/53642
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dc.contributor.authorThorbecke, Willemen_US
dc.date.accessioned2011-01-07en_US
dc.date.accessioned2011-12-15T12:26:22Z-
dc.date.available2011-12-15T12:26:22Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/53642-
dc.description.abstractEnormous trade surpluses are problematic for the People's Republic of China (PRC) and the rest of the world. They primarily stem from processing trade. This paper investigates how exchange rate changes would affect the PRC's imports for processing and processed exports. The results indicate that an appreciation throughout East Asian supply chain countries would reduce the PRC's surplus in processing trade, while an appreciation of the yuan alone might not. Even for an appreciation throughout East Asia, however, the sum of the exchange rate elasticities is not large. Thus, to rebalance the PRC's trade, exchange rate appreciations must be accompanied by other changes such as factor market liberalization and greater enforcement of environmental regulations.en_US
dc.language.isoengen_US
dc.publisher|aAsian Development Bank Institute (ADBI) |cTokyoen_US
dc.relation.ispartofseries|aADBI working paper series |x219en_US
dc.subject.jelF32en_US
dc.subject.jelF41en_US
dc.subject.ddc330en_US
dc.subject.stwAufwertungen_US
dc.subject.stwRenminbien_US
dc.subject.stwAu├čenhandelseffekten_US
dc.subject.stwVeredelungsverkehren_US
dc.subject.stwChinaen_US
dc.titleHow would an appreciation of the yuan affect the People's Republic of China's surplus in processing trade?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn631100598en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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