福建省分类进出口对汇率变动的敏感性分析

On the Sensitivity of different Types of Commodities for Import and Export of Fujian Province to Chinese Exchange Rate

在考察人民币汇率及福建省分类进出口变动特征的基础上,分析了分类商品对人民币汇率、收入水平变动的敏感程度。结果显示,福建省出口贸易对价格水平的变动敏感度比较高,其中初级产品表现得更为明显;而在进口上,工业制成品对汇率的变动更加敏感;世界及福建省收入水平的提高对福建省分类进出口的发展都具有积极的促进作用,但收入水平对福建省初级产品贸易的影响更大。因此,人民币汇率升值有利于福建省对外贸易商品结构的调整。

This paper analyzes the sensitivity of different types of commodities to China’s exchange rate,income fluctuation by looking into China’s exchange rate and trade fluctuation of different commodities for import and export of Fujian province.The study shows that export of Fujian province is more sensitive to price fluctuation,especially primary products;however,for import,finished industrial products are more sensitive to the fluctuation of the exchange rate.Income increase from both the world and Fujian province has positive impact on trades of import and export of Fujian province,but income has more impact on trades of primary products.Therefore,appreciation of Chinese currency contributes to structure adjustment of foreign trades of Fujian province.