Lopcu, Kenan; Dülger, Fikret; Burgaç, Almıla - In: Economic Modelling 35 (2013) C, pp. 614-621
limited role in explaining the real effective exchange rate appreciation. In particular, the relationship between the real … effective exchange rate and inter-country differences in the relative productivity of the tradable and non-tradable sectors over … effective exchange rate and productivity indicated by the Balassa–Samuelson hypothesis is not supported for the post 2001 era in …