UID:
almafu_9959310787502883
Umfang:
1 online resource (21 pages)
Ausgabe:
1st ed.
ISBN:
9781484329375
,
1484329376
,
9781484329368
,
1484329368
Serie:
IMF Working Papers
Inhalt:
This papers explores the effects of real exchange rate depreciations on growth across sectors, identifying export, cost, and import-penetration channels. It tests the existence and magnitude of these channels in a panel difference-in-difference methodology. Sectors that export more to begin with, grow relatively more in response to a depreciation. The same is true of sectors where import penetration in final demand is higher. There is no evidence that depreciations reduce growth by making imported inputs more expensive. A 10 percent real depreciation would increase growth of nontraditional sectors in Latin America by 0.6-2 percentage points mostly through the export channel.
Anmerkung:
Cover -- Table of Contents -- Abstract -- I. Introduction -- II. Empirical Strategy and Data -- A. Empirical Strategy -- B. Data -- III. Results -- IV. Robustness and Extensions -- V. Conclusion -- References.
Weitere Ausg.:
ISBN 9781484328477
Weitere Ausg.:
ISBN 1484328477
Sprache:
Englisch
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