Cimoli, Mario; Fleitas, Sebastian; Porcile, Gabriel - Volkswirtschaftliche Fakultät, … - 2011
Abstract This paper discusses the effects of the real exchange rate (RER) on the structure of exports. Based on a North-South Ricardian model, two hypotheses are suggested and tested. The first one is that a higher RER allows for a higher diversification of exports. The second hypothesis is that...