The Real Exchange Rate and Economic Growth

The Real Exchange Rate and Economic Growth - Dani Rodrik

ABSTRACT I show that undervaluation of the currency (a high real exchange rate) stimulates economic growth. This is true particularly for devel-.

The Real Exchange Rate and Economic Growth - INCT/PPED

Abstract. I provide evidence that undervaluation of the currency (a high real ex- change rate) stimulates economic growth. This is true particularly for ...

The Real Exchange Rate and Economic Growth - Brookings Institution

I show that undervaluation of the currency (a high real exchange rate) stimulates economic growth. This is true particularly for developing countries.

THE REAL EXCHANGE RATE AND ECONOMIC GROWTH - jstor

The real exchange rate was not at the center of the first generation neoclassical growth models, nor was it prominent among the polic.

The real exchange rate and economic growth: Revisiting the case ...

The IV estimates show that, at least for the whole sample, the real exchange rate negatively and significantly affects real per capita GDP growth. The size of ...

The real exchange rate and economic growth

With this broad objective in mind, we regress real GDP growth per capita on countries'real exchange rate, controlling for time and country fixed effects, and ...

The real exchange rate and economic growth (English)

The real exchange rate was not at the center of the first generation of neoclassical growth models, nor was it prominent among the policy prescriptions that ...

Economic Growth and Real Exchange Rate

For testing the Balassa-Samuelson hypothesis, the relationship between the growth rate and changes in the real exchange rate is examined. The Asia-. Pacific ...

The Real Exchange Rate and Economic Growth - ResearchGate

... In Rodrik (2008) , an undervalued real exchange rate is viewed as a fundamental factor that stimulates economic growth by reallocating ...

The real exchange rate and economic development - ScienceDirect

The model implies that changes in the real exchange rate affect the level and composition of employment and that the real exchange rate can, therefore, be used ...

The validity of Rodrik's conclusion on real exchange rate ... - Nature

An increase in the real exchange rate would increase economic growth by 0.47. By implication, GDP per capita does not have a huge influencing ...

The Real Exchange Rate and Economic Growth - EconPapers

By Dani Rodrik; The Real Exchange Rate and Economic Growth.

The Real Exchange Rate and Economic Growth

The Real Exchange Rate and Economic Growth. Dani Rodrik. John F. Kennedy School of Government. Harvard University. Cambridge, MA 02138. Revised, September 2008.

The Real Exchange Rate and Economic Growth: A Survey

This paper offers a systematic survey of recent research evaluating the impact of the level and volatility of the real exchange rate (RER) ...

Real exchange rates for economic development | CEPR

The role of exchange rate policies in economic development is still largely debated. This column argues that there are theoretical ...

The Real Exchange Rate and Economic Growth1

Students of its experience suggest that sustaining economic growth will require it to remove the obstacles to the development of an export-oriented ...

The real exchange rate and economic growth: a meta-analysis

The meta-regression results show that RER depreciation (or undervaluation) genuinely favors economic growth.

The real exchange rate and economic growth: are developing ...

Effective RERs and bilateral RERs against the US are highly correlated in developing countries. Moreover, effective RERs are typically less volatile than ...

The Real Exchange Rate and Economic Growth

A recent body of empirical research has documented a strong association between the level and volatility of the RER and economic growth.

real exchange rate on economic growth: evidence from post – soviet ...

GDP per capita, PPP adjusted (log). 351 8.806952 .84789. 6.947226 10.20098. Real effective exchange rate (log). 360 4.488525 .4795222 1.916923 6.180017.