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Digital technology has penetrated various fields, including international trade. This study aims to analyze how barriers/openness to trade in digital services affected exports before the COVID-19 pandemic (2015-2016) and during the pandemic (2019-2020). Based on the Gravity model, exports seem...
Persistent link: https://www.econbiz.de/10014529566
Economists have long debated whether the real exchange rate (RER) has a significant impact on export performance and … output growth. Some claim that export performance depends only on nonprice competition and the RER is irrelevant to long …
Persistent link: https://www.econbiz.de/10014433725
This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of 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...
Persistent link: https://www.econbiz.de/10012999740
Persistent link: https://www.econbiz.de/10010204675
Persistent link: https://www.econbiz.de/10009699689
of export volumes as well as export surges, that is, the periods of rapid sustained export growth. It asks whether the … determinants of export growth rates and export surges differ between merchandise, traditional services, and modern services and … whether developing countries are different. It confirm the importance of the real exchange rate for export growth. The paper …
Persistent link: https://www.econbiz.de/10011395905
of export volumes as well as export surges, that is, the periods of rapid sustained export growth. It asks whether the … determinants of export growth rates and export surges differ between merchandise, traditional services, and modern services and … whether developing countries are different. It confirm the importance of the real exchange rate for export growth. The paper …
Persistent link: https://www.econbiz.de/10012560739
of export volumes as well as export surges, that is, the periods of rapid sustained export growth. It asks whether the … determinants of export growth rates and export surges differ between merchandise, traditional services, and modern services and … whether developing countries are different. It confirm the importance of the real exchange rate for export growth. The paper …
Persistent link: https://www.econbiz.de/10012973942
Within a Monetary Union, we assume that the policy of a hard-nosed central bank results in a real appreciation of the Union currency, which is in contradiction with the growth targets of several countries. These countries may join together to question the policy of the bank. As a consequence,...
Persistent link: https://www.econbiz.de/10013101879
This paper provides evidence on the role played by the real exchange rate in the growth process of emerging economies. The empirical analysis is conducted on a panel dataset of Latin-American countries over the period 1970-2010. We find keeping an undervalued real exchange rate is conducive to...
Persistent link: https://www.econbiz.de/10012859261