A cross-national panel study of devaluations on disaggregated export sectors: A case for sector specific policies
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONMetadata
Title
A cross-national panel study of devaluations on disaggregated export sectors: A case for sector specific policiesDate
2012Publisher
Universidade de Santiago de Compostela. Euro-American Association of Economic Development StudiesType
info:eu-repo/semantics/articlePublisher version
http://www.usc.es/~economet/journals1/aeid/aeid1221.pdfVersion
info:eu-repo/semantics/publishedVersionSubject
Abstract
The focus of this paper is a global examination of how different export sectors react to real devaluations in the short term. The disaggregated nature of the data allows a closer analysis of the underlying cross-export ... [+]
The focus of this paper is a global examination of how different export sectors react to real devaluations in the short term. The disaggregated nature of the data allows a closer analysis of the underlying cross-export differences in exchange rate movements. Current period real devaluation has contractionary effects on real exports in 80 per cent of specific export sectors and affects a variety of industries without distinction as to whether products incorporate more added value or less added value. Therefore, sector specific policy solutions are more advisable than implementing a uniform devaluation on a country’s export portfolio. We gathered export data from 67 countries around the world across 65 export sectors at the two-digit SITC level, for the years 1976-2006. [-]
Is part of
Applied econometrics and international development, v. 12, n. 2 (2012)Rights
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- ECO_Articles [696]