International Conference on Eurasian Economies
24-25 August 2021 – Istanbul, TURKEY and ONLINE
Paper properties
Paper ID : 2551
Status : Paper published
Language : English
Topic : International Trade and Globalization
Presenter: Assoc. Prof. Dr. Naci Yılmaz
Session : 4A Trade and Macroeconomics
Determinants of Chinese Exports to the United States: An Empirical Analysis
Determinants of Chinese Exports to the United States: An Empirical Analysis
- Prof. Dr. Özlem Taşseven (Doğuş University, Türkiye)
- Assoc. Prof. Dr. Naci Yılmaz (Doğuş University, Türkiye)
Abstract
The main objective of this study is to investigate the short and the long run relationships between bilateral export performance of China to United States using variables such as the real exchange rate of dollar to yuan, the growth of per capita US GDP, the growth of per capita Chinese GDP. The annual data covers the period between 2001 and 2018. The Johansen testing approach to cointegration is performed in the estimation process. The causalities among the variables in the model are determined based on the estimated models. The empirical results reveal that the variables of interest are cointegrated. Real exchange rate has no significant effect on Chinese exports to the US, whereas the growth of per capita US GDP and the growth of per capita GDP of China have positive and significant effects. Our findings suggest that United States should concentrate on the growth of both two countries rather than focusing on the low level of Chinese domestic currency.
JEL codes: F14
Taşseven, Özlem, Yılmaz, Naci (2021). "Determinants of Chinese Exports to the United States: An Empirical Analysis" in Proceedings of International Conference of Eurasian Economies 2021, pp.87-98, Istanbul, TURKEY and ONLINE.
DOI: https://doi.org/10.36880/C13.02551
Session 4A: Trade and Macroeconomics
