English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 49378/84106 (59%)
造訪人次 : 7377487      線上人數 : 105
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/74060


    題名: The relationships between renminbi exchange rate and macro-economy variables : using rank test for non-linear cointegration
    其他題名: 人民幣匯率與總體經濟變數的關係 : 非線性秩檢定共整合方法分析
    作者: 陳彥達;Chen, Yen-Ta
    貢獻者: 淡江大學國際企業學系碩士班
    蘇志偉
    關鍵詞: 人民幣匯率;非線性共整合方法;門檻誤差修正模型;Renminbi exchange rate;Rank test;Non-linear cointegration;Threshold Error-Correction Model
    日期: 2011
    上傳時間: 2011-12-28 17:56:14 (UTC+8)
    摘要: 本文透過Breitung (2001)提出的非線性秩檢定共整合方法探討人民幣匯率與總體經濟變數的長期均衡關係,分析人民幣匯率與總體經濟變數是否存在長期非線性共整合的效果。實證結果指出,實質匯率、政府支出比率、經濟開放程度、實質貨幣數量及相對生產力皆具有非線性共整合的現象,存在長期均衡關係。我們進一步利用門檻誤差修正模型去探討人民幣匯率與總體經濟變數之因果關係。實證結果發現人民幣匯率與經濟開放程度、政府支出比率、實質貨幣供給量、相對生產力等總體經濟變數,支持以非線性誤差修正的過程,並對中國的各個總體經濟變數提供最佳的詮釋。
    This study estimates the long-run equilibrium relationship between Renminbi (RMB) exchange rate and macro-economic variables for China. We apply the non-parametric rank tests proposed by Breitung (2001) to analyze whether RMB exchange rate and macro-economic variables for China exist any nonlinear forms. Empirical results indicate that the degree of openness of the economy, the ratio of government expenditure to GDP, relative productive activity differential, and real money supply that as important explanatory variables of the RMB long-run equilibrium certainly have long run nonlinear relationship. Furthermore, we use the threshold error-correction model (TECM) to detect the nonlinear casual relationship between RMB exchange rate and macro-economic variables are nonlinear forms. In terms of long-run situation, these results demonstrate solid evidence that RMB exchange rate and macro-economic variables for China support the hypothesis of an asymmetrical error-correction process. Chinese macroeconomic variables actually contribute significant effect on RMB exchange rate.
    顯示於類別:[國際企業學系暨研究所] 學位論文

    文件中的檔案:

    檔案 大小格式瀏覽次數
    index.html0KbHTML193檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋