The Impact of Renminbi Appreciation on the World Rice Market
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.
|作成者||CHEN Yongfu CHIEN Hsiaoping FURUYA Jun KOYAMA Osamu|
World Rice Model
|公開者||Japan International Research Center for Agricultural Sciences|
|権利||Japan International Research Center for Agricultural Sciences|