Impact on foreign direct investment of RMB real effective exchange rate - Empirical analysis based on quarterly data of China
- 经济学院－会议论文 
This paper using co-integration theory and error correction model to check the influence of RMB real effective exchange rate on Chinese FDI. The results show that in the long term, there is a co-integration relationship between these two variables and the RMB appreciation will promote the growth of FDI; in the short term, RMB real effective exchange rate doesn't have a significant effect on FDI. In this regard, this paper proposes the corresponding policy recommendations. 漏 2012 Springer-Verlag GmbH.