A Multilateral Study of China's Price Competitiveness in Manufacturing

被引：0

作者：

Huang, Wei ^{[1
]}

Ren, Ruoen ^{[1
]}

机构：

[1] Beihang Univ, Sch Econ & Management, Beijing, Peoples R China

来源：

2008 4TH INTERNATIONAL CONFERENCE ON WIRELESS COMMUNICATIONS, NETWORKING AND MOBILE COMPUTING, VOLS 1-31 | 2008年

关键词：

Real Effective Exchange Rate; price Competitiveness; Unit Labor Cost;

D O I：

暂无

中图分类号：

TN [电子技术、通信技术];

学科分类号：

0809 ;

摘要：

As an important international competitiveness indicator, real effective exchange rates based on unit labor costs can provide a reliable gauge of price competitiveness about the relative profitability of traded goods in manufacturing. This paper uses reliable data of trade and output data in manufacturing of 21 countries from 1989 to 2003, and adopts time-varying weights, which can reflect the rapidly changing trade patterns promptly and are much closer to the real situation in world manufactures trade. This paper analyzes the performance of China unit labor costs and effective exchange rates, besides we estimate the loss in competitiveness due to RMB appreciation. The results provide a new multilateral tool for studying China's trade competitiveness and the issue of exchange rate.

引用

页码：9781 / 9784

页数：4