IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/44551.html
   My bibliography  Save this paper

Assessing Chinese currency regime (2012)

Author

Listed:
  • Alvi, Mohsin
  • Kamal, Usman

Abstract

The present paper updates the question: the study revolves to analyze the exchange rates of CNY with its major trading partners including USD, JPY, EUR, and GBP. It was assumed that CNY have a major relation with USD and in order to find out such impact, a set of observations of 2060 have been taken for consideration in a form of five different currencies rate. Augmented Dickey Fuller Unit root test has been applied in order to find out the trend and checked non-stationary at several levels (at level, at Log & at 1st difference of Log). After that Multiple Regression had been applied on stationer observations and then for finding better impact some non-impacting variables were eliminated. Result revealed that USD and JPY have a significantly impact on CNY whereas EUR and GBP do not have it. It was also found that CNY currency regime let itself change its exchange rate due to some internal factors. Other currencies as variables could be taken for further research in recent study in order to analyze other currency regime, represents the scope of research.

Suggested Citation

  • Alvi, Mohsin & Kamal, Usman, 2012. "Assessing Chinese currency regime (2012)," MPRA Paper 44551, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:44551
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/44551/1/MPRA_paper_44551.pdf
    File Function: original version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/64944/1/MPRA_paper_44551.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Abdol S. Soofi, 2009. "China's exchange rate policy and the United States' trade deficits," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 36(1), pages 36-65, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alvi, Mohsin Hassan & Ansari, Sami ul Haque, 2018. "Analyzing the trends of natural resources rents of Pakistan," MPRA Paper 87366, University Library of Munich, Germany.
    2. Alvi, Mohsin & Ikram, Midra, 2015. "Impact of Total Assets and Net Income on Return on Equity of Small Medium Enterprises of Pakistan," MPRA Paper 64876, University Library of Munich, Germany, revised 09 Jun 2015.
    3. Alvi, Mohsin Hassan, 2018. "Difference in the Population Size between Rural and Urban Areas of Pakistan," MPRA Paper 90054, University Library of Munich, Germany.
    4. Alvi, Mohsin, 2016. "Offshore Outsourcing: A positive perspective from U.S. region," MPRA Paper 69788, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jakub Borowski & Adam Czerniak & Krystian Jaworski, 2014. "The quest for determinants of Chinese exchange rate policy," Bank i Kredyt, Narodowy Bank Polski, vol. 45(5), pages 407�432-4.
    2. Hussain, M. Ershad & Haque, Mahfuzul, 2014. "Is the J-Curve a Reality in Developing Countries?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 1(2), pages 231-240.
    3. Myeong Hwan Kim, 2014. "The U.S.--China Trade Deficit," The International Trade Journal, Taylor & Francis Journals, vol. 28(1), pages 65-83, March.
    4. M. Ershad HUSSAIN & Mahfuzul HAQUE, 2014. "Is the J-Curve a Reality in Developing Countries?," Journal of Economics and Political Economy, KSP Journals, vol. 1(2), pages 231-240, December.

    More about this item

    Keywords

    A.D.F. Unit Root test; Stationarity; Currency rates;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • E0 - Macroeconomics and Monetary Economics - - General
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:44551. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.