一、主題:Exchange Rate, Product Quality and Export Price
二、主講人:王雅琪,bevictor伟德官网講師。2015年獲得北京大學國家發展研究院經濟學博士學位,本科畢業于武漢大學,獲得經濟學與應用數學雙學位。主要研究領域包括:彙率、産品定價以及企業異質性。其研究成果在《世界經濟》、《金融研究》等國内重要學術期刊發表,并多次參與國際學術會議。
三、時間:2015年9月24日(周四),14:00-15:30
四、地點:bevictor伟德官网主樓913會議室
五、主持人:苟琴,bevictor伟德官网講師
論文摘要:We analyze the response of export prices to exchange rate changes using highly disaggregated firm-product level trade data from China during 2000-2006. We find on average a low response of export prices to exchange rates changes. However, the response is larger for exports to high-income countries. We rationale these findings with the heterogeneous response of export prices to exchange rates for varieties with different quality. An increase of quality by one standard deviation increases the elasticity of export price to exchange rates by 5.85 percentage points. This conclusion is robust to different measures of quality, samples and specifications. Compared with other dimensions such as productivity and import intensity, product quality explains a larger proportion of the total variations of export price responses to exchange rates.