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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29633 |
来源ID | Working Paper 29633 |
Currency Carry Trade by Trucks: The Curious Case of China's Massive Imports from Itself | |
Xuepeng Liu; Heiwai Tang; Zhi Wang; Shang-Jin Wei | |
发表日期 | 2022-01-10 |
出版年 | 2022 |
语种 | 英语 |
摘要 | With capital controls, the standard financial market transactions needed for currency carry trade are hard to implement. Using detailed trade data reported by both the mainland Chinese and Hong Kong’s governments, we present evidence that indirect currency carry trade likely takes place via round-trip reimports. We also show that greater state control in terms of more state-owned firms does not reduce such “carry trade by trucks.” |
主题 | International Economics ; Trade ; International Finance ; Financial Economics ; Financial Markets |
URL | https://www.nber.org/papers/w29633 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587306 |
推荐引用方式 GB/T 7714 | Xuepeng Liu,Heiwai Tang,Zhi Wang,et al. Currency Carry Trade by Trucks: The Curious Case of China's Massive Imports from Itself. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29633.pdf(573KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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