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Titlebook: Exchange Rate, Credit Constraints and China’s International Trade; Miaojie Yu Book 2021 Springer Nature Singapore Pte Ltd. 2021 RMB Exchan

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https://doi.org/10.3920/978-90-8686-721-9, we take RMB appreciation during 2005–2007 as a natural experiment and adopt a difference-in-difference method for exporters and non-exporters. Compared to those of non-exporters, returns on equity in exporting firms dropped by about 5% after RMB appreciation. The more dependence firms have on expo
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https://doi.org/10.1057/9781137406378 the RMB during 2005–2007 as a natural experiment and exploit its differential impact on Chinese manufacturing firms with different export exposure. The appreciation reduced exports and imposed greater competitive pressure on exporters relative to non-exporters. In response, exporters increased inno
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Environmental Conditions for Life,resents a question: what inhibits the private enterprises from increasing ODI? Using a firm-level panel data set of Zhejiang province in China, we examine the impact of firm heterogeneity on private firm ODI. We have three main findings: first, higher productivity level contributes to better access
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https://doi.org/10.1007/978-3-030-81115-0lization on Belt and Road Initiative, through trade, investment, and currency reserve channels. The research specifically analyzes the effects of RMB internationalization on bilateral trade through a gravity model, in which panel data concerning the trade and data of currency swap agreements between
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