商业研究
商業研究
상업연구
COMMERCIAL RESEARCH
2015年
2期
30-35
,共6页
汇率传递%名义有效汇率%出口价格指数
彙率傳遞%名義有效彙率%齣口價格指數
회솔전체%명의유효회솔%출구개격지수
exchange rate pass -through%NEER%export price index
基于2000年1月至2013年7月我国出口贸易的细分行业数据,本文对我国各行业出口汇率传递弹性进行测算,发现长期出口汇率传递效应的行业差别明显:机械运输业和电子电气业等高附加值行业的出口汇率传递弹性较大,存在过度传递,其它行业均存在不完全传递;各行业短期汇率传递弹性明显小于长期,我国出口贸易的汇率传递效应存在滞后性,也说明我国出口品的国际竞争力较弱,出口商只能通过长期缓慢的价格调整吸收汇率变动的成本,对于汇率的变化出口商仅在长期反映显著而在短期内并不显著。
基于2000年1月至2013年7月我國齣口貿易的細分行業數據,本文對我國各行業齣口彙率傳遞彈性進行測算,髮現長期齣口彙率傳遞效應的行業差彆明顯:機械運輸業和電子電氣業等高附加值行業的齣口彙率傳遞彈性較大,存在過度傳遞,其它行業均存在不完全傳遞;各行業短期彙率傳遞彈性明顯小于長期,我國齣口貿易的彙率傳遞效應存在滯後性,也說明我國齣口品的國際競爭力較弱,齣口商隻能通過長期緩慢的價格調整吸收彙率變動的成本,對于彙率的變化齣口商僅在長期反映顯著而在短期內併不顯著。
기우2000년1월지2013년7월아국출구무역적세분행업수거,본문대아국각행업출구회솔전체탄성진행측산,발현장기출구회솔전체효응적행업차별명현:궤계운수업화전자전기업등고부가치행업적출구회솔전체탄성교대,존재과도전체,기타행업균존재불완전전체;각행업단기회솔전체탄성명현소우장기,아국출구무역적회솔전체효응존재체후성,야설명아국출구품적국제경쟁력교약,출구상지능통과장기완만적개격조정흡수회솔변동적성본,대우회솔적변화출구상부재장기반영현저이재단기내병불현저。
Based on China′s industrial trade data from January 2000 to July 2013, this paper estimated the exchange rate pass-through ( ERPT) elasticity of export .It was found that there were clear differences in long -term export ERPT effect among industries .There was an excessive export transmission in machinery transport and electrical electronic in -dustries with high value -added while incomplete import transmission in other industries .The short-term ERPT elastic-ity was lower than the long -term one, which not only shows that the presence of the lag ERPT effect in export trade , but also shows that the international competitiveness of China′s exports is weak .When the exchange rate fluctuated , export-ers could adjust prices slowly to absorb the cost of exchange rate changes , which made for exporters reflected significantly only in the long term , but is not significant in the short term .