Empirical evaluation of exchange rate fluctuations on high-tech products export in Zhejiang Province

Author

Yong, Chen ; Wenwu, Xie

Author_Institution

Bus. Sch., Zhejiang Univ. City Coll., Hangzhou, China

fYear

2010

fDate

16-18 April 2010

Firstpage

57

Lastpage

59

Abstract

To evaluate the effects of exchange rate on high-tech products export, this paper applied the gravity model to a quantitative study of the impact of the exchange rate on the export of high-tech products in Zhejiang province, considering the nominal exchange rate and the real exchange rate fluctuations respectively. Based on the analysis of the data from 1998 to 2007, the results shows that the exchange rate fluctuations is positively correlated with high-tech products exports in Zhejiang Province, other conditions remain unchanged and the effects remain weak. Meanwhile, the test results also shows that the region´s economic scale, national income and geographic distance also have a major influence on the export of high-tech products in Zhejiang Province.

Keywords

data analysis; exchange rates; international trade; production management; Zhejiang province; data analysis; empirical evaluation; gravity model; high-tech products export; nominal exchange rate fluctuation; real exchange rate fluctuation; Cities and towns; Data analysis; Econometrics; Economics; Educational institutions; Exchange rates; Fluctuations; Gravity; Impedance; System testing; empirical evaluation; exchange rate fluctuations; high-tech products export;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management and Engineering (ICIME), 2010 The 2nd IEEE International Conference on

Conference_Location

Chengdu

Print_ISBN

978-1-4244-5263-7

Electronic_ISBN

978-1-4244-5265-1

Type

conf

DOI

10.1109/ICIME.2010.5477427

Filename

5477427