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《Mathematics in Practice and Theory》 2008-21
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A Study on the Effects of RMB Exchange Rate on our Import and Export

WANG Lei,CAO Xian-bing(Department of Mathematic and Physics,Beijing Technology and Business University,Beijing 100037,China)  
Since the RMB exchange rate system reformed in July 2005,the RMB exchange rate against the dollar continues to appreciate.As a regulating means of domestic and international economic,the appreciation of the RMB exchange rate has great impact on the economic development of the industries,the first of which is the import and export in particular.Based on the data of the import and export,the RMB against the dollar,the euro exchange rate from January 2005 to March 2008 and VAR model,this paper establishes a Vector Error Correction model of the relations between the RMB exchange rate and the import and export,which is a good explanation of the effects of the fluctuation exchange rate on the domestic import and export sectors.
【Fund】: 北京市自然科学基金资助项目(1052007)
【CateGory Index】: F224;F832.6;F752.6
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