The Impact of Renminbi Appreciation on the World Rice Market
Japan Agricultural Research Quarterly
ISSN | 00213551 |
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NII recode ID (NCID) | AA0068709X |
Full text
43-04-09.pdf1.18 MB
The World Rice Model (WRM) was developed based on a partial equilibrium approach in this paper. The impact of a Renminbi (Chinese Yuan) appreciation scenario on the world rice market was projected to 2020 by WRM. The result indicates that Renminbi appreciation in the short term will lead to a drastic change in the international rice price index. When the Renminbi appreciation rate is greater than 4%, the international rice price index will continue to rise; when it is greater than 8%, China will become the largest rice importer in the world.
Date of issued | |
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Creator | CHEN Yongfu CHIEN Hsiaoping FURUYA Jun KOYAMA Osamu |
Subject |
partial equilibrium Renminbi appreciation World Rice Model |
Publisher | Japan International Research Center for Agricultural Sciences |
Available Online | |
NII resource type vocabulary | Journal Article |
Volume | 43 |
Issue | 4 |
spage | 329 |
epage | 336 |
DOI | 10.6090/jarq.43.329 |
Rights | Japan International Research Center for Agricultural Sciences |
Language | eng |