中美貿(mào)易非均衡影響因素實證研究-總體與電子產(chǎn)業(yè)比較.pdf

1、The US and China trade imbalance is a highly debated topic, and cause of trade conflict between the US and China. In Economic theory, trade imbalance is an issue that can arise because of a variety of issues, and can pla

2、y both positively and negatively affect a countries economy. The ever increasing US and China trade imbalance has had both impacts on each country. One particularly strong area of the trade imbalance between the two is t

3、he electronics industry, which as of the year 2013 represented more than 45％ of the total trade balance, the largest subsection of any industry. Despite large amounts of existing research on the causes of the overall bil

4、ateral trade imbalance, there is limited research examining trade balance at the industry level.
　　In order to fully understand the cause of both the overall trade balance, a unique and groundbreaking study was perfor

5、med by analyzing both the overall trade balance as well as the largest subsection, the electronics industry simultaneously. Using Ordinary Least Squares Regression, macroeconomic factors such as the USD RMB Exchange Rate

6、, China GDP, US GDP, and CPI difference were compared against the overall trade balance. At the Electronics Industry level, equivalent factors are used to analyze the balance with Exchange Rate, CPI difference, as well a

7、s China and the US's Electronics Industry Gross Production.
　　The results of the two separate analyses are then compared to each other, looking at how the macroeconomic factors interact at different levels. The result

8、s indicate that while at the overall trade balance level, factors such as CPI Difference the GDP of the US are extremely influential. At the Electronics Industry level, results indicate that China Electronics Industry Gr