Advanced search
Publication Cover
Applied Economics Letters Volume 25, 2018 - Issue 5
Submit an article Journal homepage
347
Views
3
CrossRef citations to date
0
Altmetric
Original Articles

International trade and factor productivity as determinants of the real effective exchange rate

Ernesto R. GantmanFacultad de Cs. Económicas, Universidad de Buenos Aires, Buenos Aires, Argentina;Escuela de Negocios, Universidad de Belgrano, Buenos Aires, ArgentinaCorrespondence[email protected]
&
Marcelo P. DabósCENTRUM Católica Graduate Business School, PUCP, Lima, Perú
Pages 331-334 | Published online: 26 Apr 2017

References

  • Balassa, B. 1964. “The Purchasing Power Parity Doctrine: A Reappraisal.” Journal of Political Economy 72 (6): 584–596. doi:10.1086/258965.
  • Banerjee, A., M. Eberhardt, and J. Reade 2010. Panel Estimation for Worriers. WP514, University of Oxford, Department of Economics.
  • Bond, S., A. Leblebicioglu, and F. Schiantarelli. 2010. “Capital Accumulation and Growth: A New Look at the Empirical Evidence.” Journal of Applied Econometrics 25 (7): 1073–1099. doi:10.1002/jae.1163.
  • Camarero, M., J. Cuestas, and J. Ordóñez. 2008. “The Role of Commodity Terms of Trade in the Determination of the Real Exchange Rates of the Mediterranean Countries.” The Developing Economies 46: 188–205. doi:10.1111/j.1746-1049.2008.00062.x.
  • Chinn, M. 2006. “A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation.” Open Economies Review 17 (1): 115–143. doi:10.1007/s11079-006-5215-0.
  • Choudhri, E., and I. Schembri. 2010. “Productivity, the Terms of Trade, and the Real Exchange Rate: Balassa–Samuelson Hypothesis Revisited.” Review of International Economics 18 (5): 924–936. doi:10.1111/j.1467-9396.2010.00917.x.
  • Darvas, Z. 2012. Real Effective Exchange Rates for 178 Countries: A New Database. Bruegel Working Paper 2012 June.
  • Dornbusch, R. 1974. “Tariffs and Nontraded Goods.” Journal of International Economics 4 (2): 177–185. doi:10.1016/0022-1996(74)90060-9.
  • Dungey, M. 2004. “Identifying Terms of Trade Effects in Real Exchange Rate Movements: Evidence from Asia.” Journal of Asian Economics 15: 217–235. doi:10.1016/j.asieco.2004.01.001.
  • Eberhardt, M. 2012. “Estimating Panel Time-Series Models with Heterogeneous Slopes.” The Stata Journal 12 (1): 61–71.
  • Eberhardt, M., and F. Teal. 2011. “Econometrics for Grumblers: A New Look at the Literature on Cross-Country Growth Empirics.” Journal of Economic Surveys 25: 109–155. doi:10.1111/joes.2011.25.issue-1.
  • Edwards, S., and S. Van Wijnbergen. 1987. “Tariffs, the Real Exchange Rate and the Terms of Trade: On Two Popular Propositions in International Economics.” Oxford Economics Papers 39 (3): 458–464. doi:10.1093/oxfordjournals.oep.a041799.
  • Elbadawi, I. 1994. “Estimating Long-Run Equilibrium Exchange Rates.” In Estimating Equilibrium Exchange Rates, edited by J. Williamson, 93–132. Washington, DC: Institute for International Economics.
  • Feenstra, R. C., R. Inklaar, and M. Timmer 2013. The Next Generation of the Penn World Table. www.ggdc.net/pwt.
  • Habib, M., E. Mileva, and L. Stracca 2016. The Real Exchange Rate and Economic Growth: Revisiting the Case Using External Instruments. European Central Bank WP 1921.
  • Pesaran, M. H. 2006. “Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure.” Econometrica 74 (4): 967–1012. doi:10.1111/ecta.2006.74.issue-4.
  • World Bank 2016. World Development Indicators. Washington, DC: World Bank.
  • Yusoff, M., and I. Febrina. 2014. “Trade Openness, Real Exchange Rate, Gross Domestic Investment and Growth in Indonesia.” Margin: the Journal of Applied Economic Research 8: 1–13. doi:10.1177/0973801013506398.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.