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- W2377766344 abstract "This paper reviews the literature on the effect of exchange rate on capital labor ratio and analyzes the principal influence mechanism of exchange rate changes on capital labor ratio.Using 1998-2011 data of above-scale industries,the paper empirically analyzes the impact of exchange rate changes on the capital labor ratio.The results show that the exchange rate appreciation promotes the increase of industry capital labor ratio,and the exchange rate risk exposure also plays a positive role in promoting industry capital labor ratio.The effect of price addition scale,however,is not significant according to the research.Among different types of industries,the exchange rate appreciation has a more significant influence on high technology industries than on low technology ones;also,the industrial financing ability plays a positive role in promoting industrial capital deepening." @default.
- W2377766344 created "2016-06-24" @default.
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- W2377766344 date "2014-01-01" @default.
- W2377766344 modified "2023-09-24" @default.
- W2377766344 title "Influence of RMB Exchange Rate Changes on Capital Labor Ratio:An 1998-2011 Panel Data Analysis Based on Manufacturing Industries" @default.
- W2377766344 hasPublicationYear "2014" @default.
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