How Responsive are Chinese Exports to Exchange Rate Changes? Evidence from Firm-level Data
Xufei Zhang and
Xiaoxuan Liu
Journal of Development Studies, 2012, vol. 48, issue 10, 1489-1504
Abstract:
This article examines the impact of exchange rate changes on Chinese firms’ decisions on export market entry and export share. Using a large dataset for Chinese firms in 2000--2006, we find that changes in exchange rate levels play a significant role on both export extensive and intensive margins of Chinese firms. Compared to studies using macro data, our firm-level analysis allows us to control for firm and industry heterogeneity. Firm size and location matter. We do not find a difference between foreign and domestic firms in responding to exchange rate changes. Industry heterogeneity is also found to be important.
Date: 2012
References: View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://hdl.handle.net/10.1080/00220388.2012.663903 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:jdevst:v:48:y:2012:i:10:p:1489-1504
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/FJDS20
DOI: 10.1080/00220388.2012.663903
Access Statistics for this article
Journal of Development Studies is currently edited by Howard White, Oliver Morrissey and Ken Shadlen
More articles in Journal of Development Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().