Date of Publication:2022-10-04

Journal:数量经济技术经济研究

Affiliation of Author(s):经济管理学院

Volume:27

Issue:5

Page Number:3

ISSN No.:1000-3894

Abstract:We apply the heterogeneous panel seasonal unit root test (CHEGY IPS) to
   panel quarterly data of trade and seasonal unit root test (HEGY) to time
   serial quarterly data of GDP of China and its trade partners and real
   exchange rate of RMB for the period from 1997 to 2007. Then we apply the
   heterogeneous panel seasonal cointegration test to trade and related
   variables. Based on the above results of test, we construct panel
   seasonal error correction model to make an empirical analysis of long
   term and short term dynamic influences of real exchange rate of RMB on
   changes of trade structures of import and export of China. Finally, we
   make policy suggestions according to current situation of foreign trade
   and macro economy of China based on our conclusions

Note:新增回溯数据