本文运用恩格尔-格兰杰两步法,对1985～2009年的人民币实际有效汇率和出口退税对我国出口贸易之间的长期关系进行协整检验。实证结果表明,人民币实际有效汇率对出口的拉动作用要大于出口退税政策对出口的拉动作用。为了缓和人民币汇率变化引起的不利冲击,使用人民币汇率政策调控出口贸易时,应配合使用出口退税政策,使人民币升值对我国对外贸易带来的影响变得更为可控。 This article uses ENGEL-Granger two-step method to test the long-term relationship between RMB real effective exchange rate and export tax rebate on China’s export trade from 1985 to 2009. The empirical results show that the real effective exchange rate of RMB has more effect on export than on the export tax rebate policy. In order to ease the unfavorable impact caused by the change of RMB exchange rate, when using RMB exchange rate policy to regulate export trade, we should coordinate the use of export tax rebate policy so that the impact of RMB appreciation on China’s foreign trade will become more controllable.