5 人民币汇率与贸易差额关系分析 5.1 人民币汇率与贸易差额数据时间 人民币汇率 中国CPI 美国CPI 贸易差额 实际汇率 Nexr Rexr lnNexr lnRexr lnTB 贸易差额 200506 827.65 99.20 100.05 96.78 834.74 0.12 0.12 -2.11 -2.12 4.57 96.78 200507 823.69 100.00 100.62 105.46 828.80 0.12 0.12 -2.11 -2.11 4.66 105.46 200508 810.19 100.20 100.62 105.93 813.59 0.12 0.12 -2.09 -2.10 4.66 105.93 200509 809.22 100.70 101.38 75.62 814.68 0.12 0.12 -2.09 -2.10 4.33 75.62 200510 808.89 100.40 100.15 120.16 806.88 0.12 0.12 -2.09 -2.09 4.79 120.16 200511 808.40 99.70 99.50 105.31 806.78 0.12 0.12 -2.09 -2.09 4.66 105.31 200512 807.59 100.40 100.00 110.16 804.37 0.12 0.12 -2.09 -2.08 4.70 110.16 200601 806.68 101.30 100.56 94.92 800.79 0.12 0.12 -2.09 -2.08 4.55 94.92 200602 804.93 100.50 100.10 24.25 801.73 0.12 0.12 -2.09 -2.08 3.19 24.25 200603 803.50 99.10 100.15 111.89 812.01 0.12 0.12 -2.08 -2.09 4.72 111.89 200604 801.56 100.20 100.45 104.57 803.56 0.12 0.12 -2.08 -2.08 4.65 104.57 200605 801.52 99.90 100.40 130.04 805.53 0.12 0.12 -2.08 -2.09 4.87 130.04 200606 800.67 99.50 100.25 145.03 806.71 0.12 0.12 -2.08 -2.09 4.98 145.03 200607 799.10 99.70 100.50 146.24 805.51 0.13 0.12 -2.08 -2.09 4.99 146.24 200608 797.33 100.30 100.39 187.96 798.05 0.13 0.13 -2.08 -2.08 5.24 187.96 200609 793.68 100.50 99.61 153.00 786.65 0.13 0.13 -2.07 -2.06 5.03 153.00 200610 790.32 100.10 99.46 238.30 785.27 0.13 0.13 -2.07 -2.06 5.47 238.30 200611 786.52 100.30 100.10 229.28 784.95 0.13 0.13 -2.06 -2.06 5.43 229.28 200612 782.38 101.40 100.54 209.97 775.74 0.13 0.13 -2.06 -2.05 5.35 209.97 200701 778.98 100.70 100.13 158.81 774.57 0.13 0.13 -2.05 -2.05 5.07 158.81 200702 775.46 101.00 100.44 237.56 771.16 0.13 0.13 -2.05 -2.04 5.47 237.56 200703 773.90 99.70 100.52 68.71 780.27 0.13 0.13 -2.05 -2.0