Ahmed, Swarnali; Appendino, Maximiliano; Ruta, Michele - 2015
exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that … the elasticity of real manufacturing exports to the Real Effective Exchange Rate (REER) has decreased over time. We then … competitiveness of a fraction of the value of final good exports. In line with this intuition, we find evidence that GVC participation …