UC知道请高手们帮翻译一下,急需.谢谢
来源：百度知道 编辑：UC知道 时间：2024/06/09 08:22:42
Their paper has many strong points. They use Chinese trade as a share of world trade, thus avoiding the use of proxies such as the CPI for trade prices. They control for seasonality and for the effect of the Chinese New Year. They are careful to focus on econometric specifications exhibiting parameter constancy, white noise residuals, and the smallest standard error of the regression (SER).
Their results indicate that an increase in the real effective RMB exchange rate would help to reduce China's trade surplus.
Exchange Rates and Triangular Trading Patterns
The effect of a Chinese appreciation on China's trade balance would be even larger, however, if it led to a generalized appreciation in Asia. This is because China plays a unique role within global trading networks. It imports large quantities of intermediate goods from the rest of East Asia and exports large quantities of final products throughout the world. Table 1 sheds lig
Their paper has many strong points. They use Chinese trade as a share of world trade, thus avoiding the use of proxies such as the CPI for trade prices. They control for seasonality and for the effect of the Chinese New Year. They are careful to focus on econometric specifications exhibiting parameter constancy, white noise residuals, and the smallest standard error of the regression (SER).
他们的论文有许多强有力的论点.他们把中国的贸易作为世界贸易的一部分,这样就避免使用代理,例如贸易价格的消费者物价指数.他们因产品的季节性和受中国春节的影响而控制.他们仔细地关注计量经济学的规格展示参数的恒定性,白噪声的剩余误差,以及最小的衰退标准误差.
Their results indicate that an increase in the real effective RMB exchange rate would help to reduce China's trade surplus.
他们的结果暗示着人民币实际汇率的增加将会帮助减少中国的贸易顺差.
Exchange Rates and Triangular Trading Patterns
汇率和三角贸易模式
The effect of a Chinese appreciation on China's trade balance would be even larger, however, if it led to a generalized appreciation in Asia. This is because China plays a unique role within global tradi