华东师范大学学报(哲学社会科学版) >

2006 , Vol. 38 >Issue 6: 72 - 77

DOI: https://doi.org/10.16382/j.cnki.1000-5579.2006.06.012

贸易与投资问题研究

当地价格粘性及人民币升值效果的国际比较*——以中国和“东盟+2”为例

  • 冯小兵
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  • 香港金融管理学院，中国香港
冯小兵(1967-), 女, 江苏无锡人, 香港金融管理学院副教授

收稿日期: 2006-03-15

  网络出版日期: 2006-11-30

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International Comparison of the Local-currency-pricing-stability and the Effects of RMB Appreciation——A case of ASEAN + 2 and China

  • Xiao-bing FENG
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  • Hong Kong Financial Services Institute

Received date: 2006-03-15

  Online published: 2006-11-30

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摘要

利用截面数据, 通过对相关模型的回归分析后发现, 人民币汇率变化对中国和“东盟+2”出口厂商定价行为的影响随行业和出口目的国的不同而各异。由于“东盟+2”各国与中国的进出口产品同时存在互补性和替代性, 厂商的价格歧视在一些互补型贸易品间没有显著的体现, 而在一些替代型贸易品间则表现突出。由此可以预见, 由人民币升值传导的价格波动效应, 在“东盟+2”各国及中国之间将有不同的反应。

关键词： 当地价格粘性; 目标利润额度; “东盟+2”; 中国

本文引用格式

冯小兵 . 当地价格粘性及人民币升值效果的国际比较*——以中国和“东盟+2”为例[J]. 华东师范大学学报(哲学社会科学版), 2006 , 38(6) : 72 -77 . DOI: 10.16382/j.cnki.1000-5579.2006.06.012

Abstract

This paper measures the degree of price discrimination across destinations that is associated with the RMB exchange rate changes using China and ASEAN + 2 industry level data.Given the sample selected, local currency stability has been observed both in ASEAN + 2 and China.Due to the supplementary and complementary features of exports and imports in the region, the PTM shows completely different characters.Consequently, the price volatility transmitted from appreciation of RMB exchange rates will be featured differently among the member countries.

Key words： local-currency-pricing-stability; mark-up; ASEAN + 2; China

参考文献

1 Youwen Zhang, Business Environment and Opportunities in Shanghai, Conference Proceedings of Cooperation and Integration in ASEAN+3, Singapore, 2004.
2 Eichengreen B, Rhee, Y and H. Tong, The Impact of China on the Export of Other Asian Countries, memo, University of California at Berkeley, 2004.
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