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Verschenkter Wohlstand? Handelseffekte der chinesischen Yuan-Abwertung

Author

Listed:
  • Martin T. Braml
  • Marina Steininger

Abstract

Die jüngste Abwertung der chinesischen Währung als Folge des andauernden Handels¬streits mit den USA hat auch Auswirkungen auf Europa. Bei einer 10%igen Abwertung des Yuan würde Deutschland 413 Mio. Euro Realeinkommen gewinnen, bei einer 20igen Abwertung sogar 499 Mio . Euro im Jahr, wie aus Berechnungen des ifo-Handelsmodells hervorgeht. Für die restliche EU (ohne Deutschland) belaufen sich die Einkommenszuwächse auf 1,9 bis 2,8 Mrd. Euro. Die Abwertung geht mit Einkommens-verlusten für die chinesische Volkswirtschaft einher und senkt gleichzeitig die Kosten des Handelsstreits für die USA.

Suggested Citation

  • Martin T. Braml & Marina Steininger, 2019. "Verschenkter Wohlstand? Handelseffekte der chinesischen Yuan-Abwertung," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(20), October.
    • Handle: RePEc:ces:ifosdt:v:72:y:2019:i:20:p:
    as

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    References listed on IDEAS

    as
    1. Martin Braml & Gabriel Felbermayr & Lucia Wilbert, 2018. "Exportieren Länder mit Leistungsbilanzüberschüssen Arbeitslosigkeit?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(16), pages 20-25, August.
    2. Gabriel Felbermayr & Marina Steininger, 2019. "Trump’s trade attack on China − who will have the last laugh?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 20(01), pages 27-32, April.
    3. Benedikt Zoller-Rydzek & Gabriel Felbermayr, 2018. "Who is Paying for the Trade War with China?," EconPol Policy Brief 11, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    4. Mary Amiti & Stephen J. Redding & David E. Weinstein, 2019. "The impact of the 2018 trade war on US prices and welfare," CentrePiece - The magazine for economic performance 553, Centre for Economic Performance, LSE.
    5. Rahel Aichele & Gabriel Felbermayr & Inga Heiland & Gabriel J. Felbermayr, 2014. "Going Deep: The Trade and Welfare Effects of TTIP," CESifo Working Paper Series 5150, CESifo.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Währung; Handelseffekte; China;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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