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27 December 2019 Asymmetry of Exchange Rate Pass-through in China's Coastal Regions
Bojie Xie
Author Affiliations +
Abstract

Xie, B., 2019. Asymmetry of exchange rate pass-through in China's coastal regions. In: Li, L.; Wan, X.; and Huang, X. (eds.), Recent Developments in Practices and Research on Coastal Regions: Transportation, Environment and Economy. Journal of Coastal Research, Special Issue No. 98, pp. 433–437. Coconut Creek (Florida), ISSN 0749-0208.

In the article, the asymmetry of the renminbi (RMB) exchange rate pass-through on the price level in China's coastal areas was investigated. The results showed that the extent of RMB exchange rate pass-through is incomplete. Concerning the asymmetry of the exchange rate pass-through under conditions of RMB appreciation and depreciation alone or the combination with different fluctuation scopes in exchange rate, it was concluded that, when RMB depreciated, the exchange rate pass-through effect was greater by comparison with RMB appreciation. At the same time, the extent of the exchange rate pass-through was more significant as the exchange rate changed sharply; otherwise, no transfer effect was generated.

©Coastal Education and Research Foundation, Inc. 2019
Bojie Xie "Asymmetry of Exchange Rate Pass-through in China's Coastal Regions," Journal of Coastal Research 98(sp1), 433-437, (27 December 2019). https://doi.org/10.2112/SI98-097.1
Received: 4 April 2019; Accepted: 26 June 2019; Published: 27 December 2019
KEYWORDS
asymmetry
exchange rate pass-through
price level
RMB exchange rate
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