RMB Real Effective Exchange Rate Fluctuations In The Export Of Gansu Province

Gansu Province, Western Province has always been a countryattaches great importance to its economic construction. With theimprovement in the level of modernization, the economic situation hasundergone earth-shaking changes, people’s living standards are gettinghigher and higher, foreign trade is also showing increasing in recentyears.Makes unique advantages in resources and climate characteristics ofGansu Province, Gansu Province, export products has its owncharacteristics. With the improvement in the level of China’s opening up,especially since the implementation of the new exchange rate system inJuly2005, China’s exchange rate fluctuations, exchange rate fluctuationscan affect the export trade of Gansu Province? If so, the extent to whichthe impact? Second, in addition to the exchange rate, there is no otherinfluencing factors? These problems are the problems I have beenconcerned.From the reality of Gansu Province, by looking Gansu StatisticalYearbook "and" the development of Gansu Yearbook identify Gansucalendar year exports data. Through the official website of the Bank forInternational Settlements, look for the real effective exchange rate ofRMB. To enter the China Economic Information Network database, thequery often trade with the Gansu Province of the GDP of the country. The exports variable as the impact of Gansu Province. And they do unit roottest, to determine if they order one, simple linear regression, and then dothe residual unit root test to determine the residual unit root, in order toensure that the linear regression is valid, and determining the linearregression correlation coefficient is tested to arrive at the real effectiveexchange rate fluctuations on the export of Gansu Province. On this basisthe error correction model, to enhance the accuracy of the model fitting,and Granger causality test to determine the existence of Granger causalitybetween them. Impulse response function, given the stimulation of a unitto be able to see the extent to which, Gansu Province, the volume ofexports.Finally, draw the relevant data, interpretation of data, analysis of itseconomic significance, and why.