Relationship between the appreciation of the RMB exchange and the export competitiveness of high-tech products: a case of China

DOI: 10.5176/2251-2039_IE15.21

Authors: Yun Liu, Xu Bai, Bingxiu Gui, Yuxin Huang and Lu Liu

Abstract: This paper establishes a nonlinear semi- logarithmic model to empirically test China’s economic data from 1998 to 2013 in order to analyze the impact of RMB exchange rate’s changes on international strength of high-tech goods. We draw the conclusion that there is a strong relationship between the exchange rate and export, in order to strictly present the relationship, we measure the long term equilibrium relationship through econometric analysis. In conclusion, we put forward some corresponding policy suggestions.

Keywords: RMB exchange; high-tech products; nonlinear semi-logarithmic model