How responsive are Chinese exports to exchange rate changes? Evidence from firm-level data

Zhang, Xufei and Liu, Xiaoxuan (2012) How responsive are Chinese exports to exchange rate changes? Evidence from firm-level data. Journal of Development Studies, 48 (10). pp. 1489-1504. ISSN 0022-0388 (doi:10.1080/00220388.2012.663903)

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.
[author's abstract]

Item Type:	Article
Research Areas:	A. > School of Science and Technology > Design Engineering and Mathematics A. > Business School > Economics
Item ID:	9987
Useful Links:	Middlesex University Expert Profile
Depositing User:	Dr X Zhang
Date Deposited:	20 Mar 2013 09:34
Last Modified:	13 Oct 2016 14:26
URI:	https://eprints.mdx.ac.uk/id/eprint/9987

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• How responsive are Chinese exports to exchange rate changes?: evidence from firm-level data. (deposited 14 Mar 2012 12:01)
  • How responsive are Chinese exports to exchange rate changes? Evidence from firm-level data. (deposited 20 Mar 2013 09:34) [Currently Displayed]

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