메뉴 건너뛰기




Volumn 35, Issue 3, 2012, Pages 273-294

The Renminbi and Poor-country Growth

Author keywords

[No Author keywords available]

Indexed keywords

CURRENCY MARKET; DEVELOPING WORLD; ECONOMIC GROWTH; EXCHANGE RATE; GLOBAL ECONOMY; GROSS DOMESTIC PRODUCT; STRUCTURAL ADJUSTMENT;

EID: 84858082202     PISSN: 03785920     EISSN: 14679701     Source Type: Journal    
DOI: 10.1111/j.1467-9701.2011.01408.x     Document Type: Article
Times cited : (12)

References (39)
  • 1
    • 84981567383 scopus 로고
    • Computing Robust Standard Errors for Within-groups Estimators
    • Arellano, M. (1987), 'Computing Robust Standard Errors for Within-groups Estimators', Oxford Bulletin of Economics and Statistics, 49, 4, 431-4.
    • (1987) Oxford Bulletin of Economics and Statistics , vol.49 , Issue.4 , pp. 431-434
    • Arellano, M.1
  • 2
    • 84858082809 scopus 로고    scopus 로고
    • Penn World Table Version 6.3. Available at: (accessed 1 May 2010)
    • Aten, B., A. Heston and R. Summers (2009), Penn World Table Version 6.3. Available at: (accessed 1 May 2010).
    • (2009)
    • Aten, B.1    Heston, A.2    Summers, R.3
  • 3
    • 0001399205 scopus 로고
    • The Purchasing Power Parity Doctrine: A Reappraisal?
    • Balassa, B. (1964), 'The Purchasing Power Parity Doctrine: A Reappraisal? Journal of Political Economy, 72, 6, 584-96.
    • (1964) Journal of Political Economy , vol.72 , Issue.6 , pp. 584-596
    • Balassa, B.1
  • 4
    • 84858075439 scopus 로고    scopus 로고
    • The Real Exchange Rate and Growth Revisited: The Washington Consensus Strikes Back?', IMF Working Paper WP/10/58, International Monetary Fund, Washington DC, March. Available at: (accessed 5 May 2010)
    • Berg, A. and Y. Miao (2010), 'The Real Exchange Rate and Growth Revisited: The Washington Consensus Strikes Back?', IMF Working Paper WP/10/58, International Monetary Fund, Washington DC, March. Available at: (accessed 5 May 2010).
    • (2010)
    • Berg, A.1    Miao, Y.2
  • 5
    • 77952403385 scopus 로고    scopus 로고
    • Beyond Cheap Talks: Assessing the Undervaluation of the Chinese Currency Between 1994 and 2007
    • Chen, J. (2007), 'Beyond Cheap Talks: Assessing the Undervaluation of the Chinese Currency Between 1994 and 2007', Economie Internationale, CEPII Research Center, 119, 3, 47-82.
    • (2007) Economie Internationale, CEPII Research Center , vol.119 , Issue.3 , pp. 47-82
    • Chen, J.1
  • 6
    • 84858070807 scopus 로고    scopus 로고
    • The Developing World is Poorer than we Thought, but No Less Successful in the Fight Against Poverty', Policy Research Working Paper Series 4703 (Washington DC: World Bank)
    • Chen, S. and M. Ravallion (2008), 'The Developing World is Poorer than we Thought, but No Less Successful in the Fight Against Poverty', Policy Research Working Paper Series 4703 (Washington DC: World Bank).
    • (2008)
    • Chen, S.1    Ravallion, M.2
  • 7
    • 80054707866 scopus 로고    scopus 로고
    • Measuring Misalignment: Latest Estimates for the Chinese Renminbi
    • S. J. Evenett (ed.), London: VoxEU publication, Centre for Economic Policy Research), Available at: (accessed 3 May 2010)
    • Cheung, Y. W., M. D. Chinn and E. Fujii (2010), 'Measuring Misalignment: Latest Estimates for the Chinese Renminbi', inS. J. Evenett (ed.), The US-Sino Currency Dispute: New Insights from Economics, Politics and Law (London: VoxEU publication, Centre for Economic Policy Research), 79-90. Available at: (accessed 3 May 2010).
    • (2010) The US-Sino Currency Dispute: New Insights from Economics, Politics and Law , pp. 79-90
    • Cheung, Y.W.1    Chinn, M.D.2    Fujii, E.3
  • 8
    • 85015688600 scopus 로고    scopus 로고
    • Pro-poor Growth: Explaining the Cross-country Variation in the Growth Elasticity of Poverty
    • Chhibber, A. and G. Nayyar (2008), 'Pro-poor Growth: Explaining the Cross-country Variation in the Growth Elasticity of Poverty', International Journal of Development Issues, 7, 2, 160-76.
    • (2008) International Journal of Development Issues , vol.7 , Issue.2 , pp. 160-176
    • Chhibber, A.1    Nayyar, G.2
  • 9
    • 77952834028 scopus 로고    scopus 로고
    • Estimates of the Equilibrium Exchange Rate of the Renminbi: Is There a Consensus and, If Not, Why Not?
    • M. Goldstein and N. R. Lardy (eds.), Washington D.C.: Peterson Institute for International Economics), Available at: (accessed 15 March 2010)
    • Cline, W. R. and J. Williamson (2008), 'Estimates of the Equilibrium Exchange Rate of the Renminbi: Is There a Consensus and, If Not, Why Not?', inM. Goldstein and N. R. Lardy (eds.), Debating China's Exchange Rate Policy (Washington D.C.: Peterson Institute for International Economics), 131-54. Available at: (accessed 15 March 2010).
    • (2008) Debating China's Exchange Rate Policy , pp. 131-154
    • Cline, W.R.1    Williamson, J.2
  • 10
    • 84858073083 scopus 로고    scopus 로고
    • Notes on Equilibrium Exchange Rates: January 2010', Policy Brief 10-2 (Washington: Peterson Institute for International Economics). Available at: (accessed 1 March 2010)
    • Cline, W. R. and J. Williamson (2010), 'Notes on Equilibrium Exchange Rates: January 2010', Policy Brief 10-2 (Washington: Peterson Institute for International Economics). Available at: (accessed 1 March 2010).
    • (2010)
    • Cline, W.R.1    Williamson, J.2
  • 12
    • 84858075436 scopus 로고    scopus 로고
    • Price Indexes, Inequality, and the Measurement of World Poverty', Working Paper 1207, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies)
    • Deaton, A. (2010), 'Price Indexes, Inequality, and the Measurement of World Poverty', Working Paper 1207, (Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies).
    • (2010)
    • Deaton, A.1
  • 13
    • 84858075437 scopus 로고    scopus 로고
    • Understanding PPPs and PPP-based National Accounts', NBER Working Paper No. 14499 (Cambridge, MA: National Bureau of Economic Research, Inc)
    • Deaton, A. and A. Heston (2010), 'Understanding PPPs and PPP-based National Accounts', NBER Working Paper No. 14499 (Cambridge, MA: National Bureau of Economic Research, Inc).
    • (2010)
    • Deaton, A.1    Heston, A.2
  • 14
    • 84858075438 scopus 로고    scopus 로고
    • McKinsey Global Survey, quoted in 'An Exorbitant Privilege? Implications of Reserve Currencies for Competitiveness', McKinsey Global Institute Discussion Paper, December
    • Dobbs, R., H. Wu, S. Lund, J. Manyiha, C. Rensburgh and D. Shilling (2009), McKinsey Global Survey, quoted in 'An Exorbitant Privilege? Implications of Reserve Currencies for Competitiveness', McKinsey Global Institute Discussion Paper, December.
    • (2009)
    • Dobbs, R.1    Wu, H.2    Lund, S.3    Manyiha, J.4    Rensburgh, C.5    Shilling, D.6
  • 15
    • 85129738907 scopus 로고    scopus 로고
    • Testing for Serial Correlation in Linear Panel-Data Models
    • Drukker, D. M. (2003), 'Testing for Serial Correlation in Linear Panel-Data Models', The Stata Journal, 3, 2, 168-77.
    • (2003) The Stata Journal , vol.3 , Issue.2 , pp. 168-177
    • Drukker, D.M.1
  • 16
    • 84858075435 scopus 로고    scopus 로고
    • The End of Chimerica', Harvard Business School Working Paper 10-037. Available at: (accessed 20 March 2010)
    • Ferguson, N. and M. Schularick (2009), 'The End of Chimerica', Harvard Business School Working Paper 10-037. Available at: (accessed 20 March 2010).
    • (2009)
    • Ferguson, N.1    Schularick, M.2
  • 17
    • 84858082807 scopus 로고    scopus 로고
    • The Impact of China's Exports on Global Manufactures Prices',SLPTMD Working Paper Series No. 032, Department of International Development, Oxford UniversityAvailable at: (accessed 6 May 2010)
    • Fu, X., R. Kaplinsky and J. Zhang (2010), 'The Impact of China's Exports on Global Manufactures Prices', SLPTMD Working Paper Series No. 032, Department of International Development, Oxford UniversityAvailable at: (accessed 6 May 2010).
    • (2010)
    • Fu, X.1    Kaplinsky, R.2    Zhang, J.3
  • 18
    • 17944373228 scopus 로고    scopus 로고
    • Just How Undervalued is the Chinese Renmimbi?
    • Funke, M. and J. Rahn (2005), 'Just How Undervalued is the Chinese Renmimbi?', The World Economy, 28, 4, 465-89.
    • (2005) The World Economy , vol.28 , Issue.4 , pp. 465-489
    • Funke, M.1    Rahn, J.2
  • 19
    • 70349982516 scopus 로고    scopus 로고
    • China's Exchange Rate Policy: An Overview of Some Key Issues
    • M. Goldstein and N. R. Lardy (eds.), Washington DC: Peterson Institute for International Economics) Available at: (accessed 25 March 2010)
    • Goldstein, M. and N. R. Lardy (2008), 'China's Exchange Rate Policy: An Overview of Some Key Issues', inM. Goldstein and N. R. Lardy (eds.) Debating China's Exchange Rate Policy, (Washington DC: Peterson Institute for International Economics) Available at: (accessed 25 March 2010).
    • (2008) Debating China's Exchange Rate Policy
    • Goldstein, M.1    Lardy, N.R.2
  • 20
    • 0004050862 scopus 로고
    • Cambridge: Nisbet & Cambridge University Press).
    • Harrod, R. F. (1933), International Economics (Cambridge: Nisbet & Cambridge University Press).
    • (1933) International Economics
    • Harrod, R.F.1
  • 21
    • 29844449863 scopus 로고    scopus 로고
    • The Variety and Quality of a Nation's Exports
    • American Economic Association
    • Hummels, D. L. and P. J. Klenow (2005), 'The Variety and Quality of a Nation's Exports', American Economic Review, American Economic Association, 95, 3, 704-23.
    • (2005) American Economic Review , vol.95 , Issue.3 , pp. 704-723
    • Hummels, D.L.1    Klenow, P.J.2
  • 22
    • 64749101797 scopus 로고    scopus 로고
    • IMF Washington, DC: International Monetary Fund). Available at: (accessed 8 July 2011)
    • IMF (2009), World Economic Outlook (Washington, DC: International Monetary Fund). Available at: (accessed 8 July 2011).
    • (2009) World Economic Outlook
  • 25
    • 84858070806 scopus 로고    scopus 로고
    • On Emerging Markets Decoupling and Growth Convergence', VoxEU Article (7th November 2009), Centre for Economic Policy Research. Available at: (accessed 2 February 2010)
    • Levy-Yeyati, E. (2009), 'On Emerging Markets Decoupling and Growth Convergence', VoxEU Article (7th November 2009), Centre for Economic Policy Research. Available at: (accessed 2 February 2010).
    • (2009)
    • Levy-Yeyati, E.1
  • 26
    • 84980090461 scopus 로고
    • Economic Development with Unlimited Supplies of Labor
    • Lewis, A. (1954), 'Economic Development with Unlimited Supplies of Labor', The Manchester School, 22, 2, 139-91.
    • (1954) The Manchester School , vol.22 , Issue.2 , pp. 139-191
    • Lewis, A.1
  • 28
    • 59449107887 scopus 로고    scopus 로고
    • The Case for Stabilizing China's Exchange Rate: Setting the Stage for Fiscal Expansion
    • McKinnon, R. and G. Schnabl (2009), 'The Case for Stabilizing China's Exchange Rate: Setting the Stage for Fiscal Expansion', China & World Economy, 17, 1, 1-32.
    • (2009) China & World Economy , vol.17 , Issue.1 , pp. 1-32
    • McKinnon, R.1    Schnabl, G.2
  • 29
    • 84858082804 scopus 로고    scopus 로고
    • McKinsey Global Survey, quoted in 'An Exorbitant Privilege? Implications of Reserve Currencies for Competitiveness', McKinsey Global Institute Discussion Paper, December
    • McKinsey (2009), McKinsey Global Survey, quoted in 'An Exorbitant Privilege? Implications of Reserve Currencies for Competitiveness', McKinsey Global Institute Discussion Paper, December.
    • (2009)
    • McKinsey1
  • 30
    • 84858070804 scopus 로고    scopus 로고
    • Price levels and Economic Growth: Making Sense of the PPP Changes between ICP Rounds', World Bank Policy Research Working Paper 5229, May. Available at: (accessed 1 June 2010)
    • Ravallion, M. (2010), 'Price levels and Economic Growth: Making Sense of the PPP Changes between ICP Rounds', World Bank Policy Research Working Paper 5229, May. Available at: (accessed 1 June 2010).
    • (2010)
    • Ravallion, M.1
  • 31
    • 84858070805 scopus 로고    scopus 로고
    • On the Renminbi and Economic Convergence', VoxEU.org, 17 December. Available at: (accessed 17 December 2009)
    • Reisen, H. (2009), 'On the Renminbi and Economic Convergence', VoxEU.org, 17 December. Available at: (accessed 17 December 2009).
    • (2009)
    • Reisen, H.1
  • 32
    • 68049099771 scopus 로고    scopus 로고
    • The Real Exchange Rate and Economic Growth', Brookings Papers on Economic Activity, Available at: (accessed 5 January 2010)
    • Rodrik, D. (2008), 'The Real Exchange Rate and Economic Growth', Brookings Papers on Economic Activity, Vol. 2. Available at: (accessed 5 January 2010).
    • (2008) , vol.2
    • Rodrik, D.1
  • 33
    • 77956118305 scopus 로고    scopus 로고
    • Making Room for China in the World Economy', American Economic Review, Papers and Proceedings. Available at: (accessed 10 April 2010)
    • Rodrik, D. (2010), 'Making Room for China in the World Economy', American Economic Review, Papers and Proceedings. Available at: (accessed 10 April 2010).
    • (2010)
    • Rodrik, D.1
  • 34
    • 0001465629 scopus 로고
    • Theoretical Notes on Trade Problems
    • Samuelson, P. A. (1964), 'Theoretical Notes on Trade Problems', Review of Economics and Statistics, 46, 2, 145-54.
    • (1964) Review of Economics and Statistics , vol.46 , Issue.2 , pp. 145-154
    • Samuelson, P.A.1
  • 35
    • 84858073082 scopus 로고    scopus 로고
    • New PPP-based Estimates of Renminbi Undervaluation and Policy Implications', VoxEU, 16 April. Available at: (accessed 20 April 2010)
    • Subramanian, A. (2010), 'New PPP-based Estimates of Renminbi Undervaluation and Policy Implications', VoxEU, 16 April. Available at: (accessed 20 April 2010).
    • (2010)
    • Subramanian, A.1
  • 37
    • 84858082806 scopus 로고    scopus 로고
    • Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option', Policy Analyses in International Economics 60, Peterson Institute for International Economics. Available at: (accessed 10 May 2010)
    • Williamson, J. (2000), 'Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option', Policy Analyses in International Economics 60, Peterson Institute for International Economics. Available at: (accessed 10 May 2010).
    • (2000)
    • Williamson, J.1
  • 39
    • 0003926535 scopus 로고    scopus 로고
    • World Bank Washington DC: World Bank). Available at: (accessed 1 May 2010)
    • World Bank (2009), World Development Indicators (Washington DC: World Bank). Available at: (accessed 1 May 2010).
    • (2009) World Development Indicators


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.