Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53642 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorThorbecke, Willemen
dc.date.accessioned2011-01-07-
dc.date.accessioned2011-12-15T12:26:22Z-
dc.date.available2011-12-15T12:26:22Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aAsian Development Bank Institute (ADBI) |cTokyoen
dc.relation.ispartofseries|aADBI Working Paper |x219en
dc.subject.jelF32en
dc.subject.jelF41en
dc.subject.ddc330en
dc.subject.stwAufwertungen
dc.subject.stwRenminbien
dc.subject.stwAußenhandelseffekten
dc.subject.stwVeredelungsverkehren
dc.subject.stwChinaen
dc.titleHow would an appreciation of the yuan affect the People's Republic of China's surplus in processing trade?-
dc.typeWorking Paperen
dc.identifier.ppn631100598en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
208.79 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.