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Persistent link: https://www.econbiz.de/10008701710
"This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10003681919
to the relative size of the countries’ GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10003855335
related to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10003630039
Persistent link: https://www.econbiz.de/10003975784
This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10012772382
This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10012464794
to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10012464913
to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10012722939
to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10012759610