The RMB Exchange Rate Fluctuations Impact on the Export of Labor-Intensive Industry Research
Xiaoyan Hou, Master

Abstract
The RMB real effective exchange rate has different impact on the export of labor-intensive industries. In this paper, based on the different way of trade, through the Granger causality test and generalized impulse response function, analyzed the RMB real effective exchange rate change on the influence of the export of general trade and processing trade exports. The research results show that RMB real effective exchange rate appreciation for general trade export and processing export labor-intensive industry all have inhibitory effect, but the impact on the general trade are greater than processing trade.

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