The Impact of Renminbi Appreciation on the World Rice Market

Japan Agricultural Research Quarterly
ISSN 00213551
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
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

Related Publication