China's trade in services and role of the exchange rate: An asymmetric analysis
Küçük Resim Yok
Tarih
2022
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Nearly all studies in the literature have assessed the impact of exchange rate changes on trade flows for goods. Service industries, however, have not received much attention. Two studies have assessed the effects of exchange rate changes on U.S. service trade with its partners. We add to this literature with a new study that assesses the symmetric and asymmetric effects of changes in the real effective rate of the yuan on China's trade in 11 service industries with the world. While we find short-run effects on imports and exports for almost all service categories, short-run effects last into long-run asymmetric effects in six Chinese importing service industries and eight Chinese exporting service industries. (c) 2022 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
Açıklama
Anahtar Kelimeler
China, Trade in services, Real effective exchange rate, Asymmetric analysis
Kaynak
Economic Analysis and Policy
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
74
