企业使用人民币计价结算的影响因素--基于企业和行业特征的实证检验

Enterprise and Industry Characteristics Influencing the Use ofRMB for Pricing and Settlement

通过收集企业调查问卷的方式随机收集数据,从企业、行业特征角度,采用Logit回归法分析企业使用人民币计价结算的影响因素。实证研究表明:企业出口单笔订单额越大,进口中间品比例越大,企业所在行业的国际市场份额越大,则使用人民币结算的几率比就越低;企业处于研发起步阶段,进出口额越大,进出口商品的弹性越低,使用人民币结算的几率比就越高。要提高人民币结算比率,企业应进一步增加研发投入,使用最先进的人员、设备、生产工艺流程,提高产品的技术含量、差异化和不可替代性;国家应完善人民币跨境结算配套设施,落实“一带一路”倡议,创新离岸人民币金融产品。

A Logit regress analysis is conducted of the factors influencing the use of RMB for pricing and settlement through a study of the characteristics of enterprises and industries on an enterprise questionnaire survey.It is found that the larger amount of a single order,the higher proportion of intermediate product imported;the higher relative market share of Chinese industries,the lower RMB settlement log-odds ratio;however.For companies in the initial stage of research and development,the larger import and export volume there is,the lower price elasticity and the higher RMB settlement log-odds ratio.In general,to increase the proportion of RMB pricing and settlement,enterprises should increase R&D investment and update the personnel,equipment,and manufacturing processes to the most advanced level so as to improve the technical quality,differentiability and irreplaceability of the export products,and the government should provide good supporting facilities for RMB cross-border settlement and innovative offshore RMB financial products.