Theoretical and Empirical Study on the Cross-border Circulation of the RMB between China and Russia
基于人民币跨境流通、货币定价、货币替代及最优货币区理论,定性分析人民币跨境流动,构建回归模型测量中俄跨境流动的影响因素,并提出促进人民币跨境流通的对策建议。
In view of the relevant theories of RMB cross-border circulation,currency pricing,currency substitution and optimum currency areas,etc.,the paper firstly conducts the qualitative analysis of RMB cross-border flow and then by constructing the regression model,measures the related impact factors of cross-border flows between China and Russia,and also makes the corresponding quantitative Analysis.Finally,according to the findings of this theoretical and empirical research,the author proposes some countermeasures and suggestions for promoting cross-border circulation of RMB.