Drine, Imed; Rault, Christophe - In: Revue d’économie du développement 13 (2005) 1, pp. 123-150
The aim of this paper is to apply recent advances in the econometrics of non-stationary dynamic panel methods to examine the main long-run determinants of real exchange rate. We consider here a sample of 45 developing countries, divided into three groups according to geographical criteria :...