A first approach to the impact of the real exchange rate on industrial ...

A FIRST APPROACH TO THE IMPACT OF THE REAL EXCHANGE RATE ON INDUSTRIAL SECTORS IN COLOMBIA •. LYA PAOLA SIERRA AND KARINA MANRIQUE L. The real appreciation ...

Abstract. Much has been said about possible symptoms of Dutch disease in Colombia in the wake of a marked upsurge in commodity prices and the significant real ...

A first approach to the impact of the real exchange rate on industrial ...

Description. Much has been said about possible symptoms of Dutch disease in Colombia in the wake of a marked upsurge in commodity prices and the ...

A first approach to the impact of the real exchange rate on industrial ...

Overall, our results confirm a negative relationship between real exchange rate appreciation and industry. The analysis showed that real exchange rate ...

A first approach to the impact of the real exchange rate on industrial ...

Overall, our results confirm a negative relationship between real exchange rate appreciation and industry. The analysis showed that real exchange rate ...

Real Exchange Rates and Productivity - IMF eLibrary

This paper examines the impact of productivity shocks on real exchange rate fluctuations in a dynamic international general equilibrium model with nontraded ...

Real exchange rates and manufacturing exports in emerging ...

The empirical evidence on the relationship between the real exchange rate and export performance in emerging economies is inconclusive.

The Real Exchange Rate and Economic Growth - Dani Rodrik

First, undervaluation has a positive effect on the relative size of the tradable sector, and especially of industrial economic activities. Second, the effects.

Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate

Among private flows, portfolio investment has the highest appreciation effect—almost seven times that of foreign direct investment or bank loans—and private ...

Exchange rate anomalies in the industrial countries: A solution with ...

The evidence is consistent with significant, but transitory, real effects of monetary shocks. The 'price' puzzle is addressed and there is little evidence of ...

Sectoral real exchange rates and manufacturing exports

(2013) and Neumann & Tabrizy (2021) go a step further and use industry- level producer price indices to calculate sectoral REER and their impact ...

On the effectiveness of exchange rate interventions in emerging ...

Using an error-correction model approach we find that on average intervention is effective in moving the real exchange rate in the desired direction,.

Giant Resource Discoveries and Real Exchange Rate Appreciation ...

We estimate the effect of giant oil and gas discoveries on bilateral real exchange rates. A giant discovery with the value of 10% of a country's ...

Exchange Rates and Industry Demands for Trade Protection

Several industry-specific characteristics determine the protectionist response to exchange rate changes, including the degree of exchange-rate pass-through, the ...

An equilibrium theory of nominal and real exchange rate comovement

In this theory, goods prices adjust sluggishly while nominal exchange rates respond quickly to monetary shocks. Thus, nominal exchange rate changes ...

IMPACT OF CURRENCY APPRECIATION ... - IDRC Digital Library

An overvalued exchange rate, and expansionary policies work as tools protecting the import competing industries. The main tool used in this empirical analysis ...

U.S. Manufacturing and the Real Exchange Rate

First, to study output and employment effects, we must focus on ex- portables and import-competing production, rather than on trade in exports and imports.

Mo, Wan-Shin (Cindy) - The impact of real exchange rate ... - OATD

Empirical results of this dissertation show that movements of the two types of tradeweighted industry-specific real exchange rates have a ...

The real exchange rate and economic growth

• The effects that we estimate through the IV approach are much larger than ... First, we consider the impact of ap- preciation from a lower frequency ...

Sources of real exchange-rate fluctuations: How important are ...

in the transitory component in real exchange rates. This is an upper bound because real shocks can also have transitory effects on the real exchange rate.