关键词: 名义有效汇率 , 实际有效汇率 , 产业结构 , 行业结构 , 影响分析

Abstract:

 As an important price signal, the exchange rate can affect the countrys participation in international division of labor, change the relative price of a countrys factor production which leads to a new allocation of domestic resources, and influence countrys industrial structure adjustment. Based on the three industry structure adjustments and different factors intensive industry restructuring, this paper studies the effect of the RMB effective exchange rate respectively. In analyzing the three industrial structure adjustments, from the national and regional levels, the empirical results show that the effective exchange rate of the second industry adjustment has obvious inhibitory effect, and has a role in promoting development of the third industry. The economic developed eastern area has a significantly greater influence than the midwest. Using labor and capital in the product market and factor market as the breakthrough point, this paper analyzes the influence mechanism of exchange rate, and concluded that the effective exchange rate of capitalintensive industries and technologyintensive industries have promoting effect, and the influence of the real effective exchange rate is greater than the nominal effective exchange rate.

Key words: real effective exchange rate , trade structural , transmission mechanism , external trade , FDI