Table 2 Descriptive statistics for Taiwan’s export income with China, the IPI of Taiwan, and the currency exchange rate of RMB to NTD.

From: The dynamic effect of trading between China and Taiwan under exchange rate fluctuations

Variables

\(\Delta ETM_{i,t}\)

\(\Delta IPI_t\)

\(EX_t\)

Maximum

52.33333

0.313120

5.180021

Minimum

−1.00000

−0.201586

3.748386

Mean

0.116050

0.007162

4.462655

Std. Dev

1.163191

0.085280

0.330037

  1. Note 1: \(\Delta ETM_{i,t}\) is the rate of change of category \(\left( i \right)\) of Taiwan’s export income with China in period \(\left( t \right)\). \(\Delta IPI_t\) means the rate of change of the IPI of Taiwan in the period \(\left( t \right)\). \(EX_t\) refers to the currency exchange rate of RMB to NTD in period \(\left( t \right)\).
  2. Note 2: The research period is from January 2001 to February 2022.
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