摘要
对中国三个重要贸易伙伴美国、欧盟和日本的货币的汇率回归分析表明,在人民币对三种货币的汇率与对于三个经济体的贸易差额之间没有显著的相关关系,但是对这一结果的政策含义可以有不同的解读。人民币是否应该升值还可以观察一段时间。
The regression analysis to The United States, European Union and Japan, which are three important trade partners of our country, shows that there is no significant corelation between the exchange rates to RMB and trade balance, but the interpretation to policy implication of the result can be different. The necessity of revaluation of RMB still remains to be seen.
出处
《上海金融学院学报》
2005年第3期40-43,60,共5页
Journal of Shanhai Finance University
关键词
人民币汇率
回归分析
贸易差额
Renminbi exchange rate
regression analysis
balance of trade
