Showing 1 - 10 of 1,015
Persistent link: https://www.econbiz.de/10009751136
Empirical studies outline developing countries’ experience economic growth through an undervalued exchange rate and … that exchange rate overvaluations have negative long term effects on economic growth. This paper examined the impact of … exchange rate movements as well as exchange rate misalignments on economic growth for the Trinidad and Tobago economy over the …
Persistent link: https://www.econbiz.de/10011956526
Employing propensity score reweighting and event-based strategies, we provide evidence that sustained real exchange rate (RER) misalignments have significant effects on economic development: positive on GDP per capita and capital stock in the case of undervaluation, and negative on the capital...
Persistent link: https://www.econbiz.de/10012807582
We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation framework that incorporates a large number of countries and importantly, a dataset that allows explicit consideration of the role of non-traded, as well as traded, sector productivity...
Persistent link: https://www.econbiz.de/10011605092
We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation framework that incorporates a large number of countries and importantly, a dataset that allows explicit consideration of the role of non-traded, as well as traded, sector productivity...
Persistent link: https://www.econbiz.de/10003832627
We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation framework that incorporates a large number of countries and importantly, a dataset that allows explicit consideration of the role of non-traded, as well as traded, sector productivity...
Persistent link: https://www.econbiz.de/10012764033
In this paper, we revisit the relationship between economic growth and exchange rate misalignments, especially … on growth depends on institutional quality as suggested in previous literature. First, we separate countries into groups … according to their institutional quality using the cluster analysis. Then, we estimate the relationship between growth and …
Persistent link: https://www.econbiz.de/10012261830
Persistent link: https://www.econbiz.de/10014428041
The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …-run growth. The estimated coefficients are higher for developing and emerging countries. …
Persistent link: https://www.econbiz.de/10010270496
The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …-run growth. The estimated coefficients are higher for developing and emerging countries. -- long-run economic growth ; real …
Persistent link: https://www.econbiz.de/10003969632