An Empirical Study on the Relationship of Real Exchange Rate of RMB and Chinese Inbound Tourism from America

Author(s):  
Genneng Zhang ◽  
Tingting Pu ◽  
Pei Zhang
2018 ◽  
Vol 3 (1) ◽  
pp. 01-10
Author(s):  
Hicham Sadok

Objective - This paper aims to examine the relationship between exchange rates and trade balance in Morocco, to investigate whether the Marshall-Lerner condition and J-curve exist. Methodology/Technique - This paper attempts to identify the relationship between the real exchange rate and trade balance in Morocco between 2000 an 2015. Findings - Historically, exchange rates have had a strong impact on foreign trade in Morocco. Novelty - This study concludes that the fluctuation of exchange rates has no notable impact on the rate of foreign trade. Type of Paper: Empirical. Keywords: Exchange Rates; Trade Balance; Exports; Imports; Morocco. JEL Classification: D51, D59.


2017 ◽  
Vol 9 (4(J)) ◽  
pp. 73-86
Author(s):  
Sigit Setiawan

Trade liberalization has been mushrooming in the globalization era. The trade liberalization policy adoption by one country will be followed shortly by another. Although trade liberalization policy is strongly advocated by international organizations, a few prominent economists argue there is no ‘one fits for all’ policy. Thus, the policy effect altogether with other relevant aspects still needs to be explored in case by case basis, including ASEAN+6 regions. This paper is intended to analyze the relationship of trade liberalization and consumption on the real exchange rate in seven ASEAN+6 countries – the most dynamic region during period 2000 – 2011, a period covering subprime mortgage crisis. With data panel approach, the paper investigates the relationship of trade liberalization and consumption on real exchange rate while taking into account level of country’s income and crisis effect. The resulted model finds significant relationship in the overall and individual effect of tariff and terms of trade change as proxies of trade liberalization, consumption, level of country’s income, and subprime mortgage crisis on real exchange rate.


2017 ◽  
Vol 9 (4) ◽  
pp. 73
Author(s):  
Sigit Setiawan

Trade liberalization has been mushrooming in the globalization era. The trade liberalization policy adoption by one country will be followed shortly by another. Although trade liberalization policy is strongly advocated by international organizations, a few prominent economists argue there is no ‘one fits for all’ policy. Thus, the policy effect altogether with other relevant aspects still needs to be explored in case by case basis, including ASEAN+6 regions. This paper is intended to analyze the relationship of trade liberalization and consumption on the real exchange rate in seven ASEAN+6 countries – the most dynamic region during period 2000 – 2011, a period covering subprime mortgage crisis. With data panel approach, the paper investigates the relationship of trade liberalization and consumption on real exchange rate while taking into account level of country’s income and crisis effect. The resulted model finds significant relationship in the overall and individual effect of tariff and terms of trade change as proxies of trade liberalization, consumption, level of country’s income, and subprime mortgage crisis on real exchange rate.


1955 ◽  
Vol 1 (2) ◽  
pp. 159-165 ◽  
Author(s):  
Horace Page ◽  
John Thurston ◽  
Conrad Nuthmann ◽  
George Calden ◽  
Thomas Lorenz

2019 ◽  
Vol 4 (2) ◽  
pp. 110-118
Author(s):  
Muhamad Muin ◽  

This study aims to analyze the relationship between the rupiah exchange rate (RER) and the money supply (M1) on the outgrowth of the consumer price index (CPI) in Indonesia. The data used in this study are monthly data series from January 2005 to January 2019. The results of this empirical study shows that there is a relationship between RER and M1 on CPI in the long term and there is a correction in the short term balance (ECM) which is influenced by M1. All of these variables are significant at α = 5% and partly significant at α = 1%.


Author(s):  
Nicholas D. Smith

Explains the curricula included in the proposed higher education of the future rulers: arithmetic, geometry, stereometry, astronomy, harmony, and dialectic. Once again addresses questions of what Plato thought about mathematical objects and how he talks about these in Book VII of the Republic. Considers debates about just how and why Plato assigned such an important role to mathematical studies in the training of the power of knowledge for the future rulers. Considers the relationship of “formal” as opposed to “empirical” study, particularly in Plato’s requirement of astronomy as the penultimate mathematical study. Discusses what we can discern about Plato’s conception of dialectic and how that fits as the final element in the “highest studies” that prepare the future rulers to begin to engage in political rule. Shows how in spite of these studies culminating in the highest cognitive achievements, they must be followed by fifteen years of political apprenticeship, and why only after this training can Plato’s best students become philosopher rulers.


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