Title: An Empirical Study on the Effect of Exchange Rate of RMB on Chinese Agricultural Products——The Statistic test based on the data from 2005~2011
Abstract: Based on the data from 2005 to 2011,using the software of Eviews6.0 and by the method of ADF and Granger test,the article testify the relationship between the export value of Chinese agricultural products and the nominal and real exchange rate of RMB.The results show that while the nominal exchange rate of RMB has rare influence on the export value of Chinese agricultural products,the real exchange rate of RMB has impact on it.The Granger test explain that the exchange depreciation of RMB make the increasing export value of Chinese agricultural products.If the exchange rate of RMB increases,the export value of Chinese agricultural products will remarkably decrease.Finally,the article gives detailed advice by the level of the country and the farmer themselves.
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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