The US-China trade imbalance: Will revaluing the RMB help (much)?

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Abstract

The large US-China trade imbalance is regularly blamed on the undervalued RMB. Using an estimated model of the trade balance, we find that improvements in the trade balance are likely to be modest for plausible revaluations. (c) 2007 Elsevier B.V. All rights reserved.
Original languageEnglish
Pages (from-to)127-132
JournalEconomics Letters
Volume96
Issue number1
DOIs
Publication statusPublished - 2007

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Trade imbalances
China
Trade balance

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title = "The US-China trade imbalance: Will revaluing the RMB help (much)?",
abstract = "The large US-China trade imbalance is regularly blamed on the undervalued RMB. Using an estimated model of the trade balance, we find that improvements in the trade balance are likely to be modest for plausible revaluations. (c) 2007 Elsevier B.V. All rights reserved.",
author = "Nicolaas Groenewold and L. He",
year = "2007",
doi = "10.1016/j.econlet.2006.12.021",
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volume = "96",
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The US-China trade imbalance: Will revaluing the RMB help (much)? / Groenewold, Nicolaas; He, L.

In: Economics Letters, Vol. 96, No. 1, 2007, p. 127-132.

Research output: Contribution to journalArticle

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AU - He, L.

PY - 2007

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AB - The large US-China trade imbalance is regularly blamed on the undervalued RMB. Using an estimated model of the trade balance, we find that improvements in the trade balance are likely to be modest for plausible revaluations. (c) 2007 Elsevier B.V. All rights reserved.

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JO - Economic Letters

JF - Economic Letters

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