【摘要】 长久以来,学者们对中国对外贸易与人民币实际有效汇率之间关系的研究都侧重于考察贸易收支与人民币实际有效汇率间的关系,这是不全面的。本文从两个方面考察了中国对外贸易与人民币实际有效汇率之间的关系,其一为中国贸易收支与人民币实际有效汇率间的关系;其二为中国贸易结构与人民币实际有效汇率间的关系。通过理论和实证分析,我们发现:人民币实际有效汇率的贬值能够改善中国贸易收支;而中国贸易结构的变化在一定程度上可以解释人民币实际有效汇率的变化。更多还原

【Abstract】 Since a good while, studies on the relationship between China’s foreign trade and REER of RMB have been only focused on that between China’s trade balance and REER of RMB. It is not complete. This paper researches the relationship between China’s foreign trade and REER of RMB from two aspects, one is the relationship between China’s trade balance and REER of RMB, the other is the relationship between China’s trade structure and REER of RMB. Through theoretic and empirical analysis, we find that: devaluation of REER of RMB can improve China’s trade balance; while changes of China’s trade structure can explain changes of REER of RMB to some extent.更多还原