Do real exchange rate changes matter for industrial policy in emerging markets?

被引：0

作者：

Alimi, Nabil ^{[1
]}

Garbaa, Radhouan ^{[2
]}

Soussi, Mouna ^{[3
]}

机构：

[1] Univ Tunis Manar, Fac Econ Sci & Management, Tunis, Tunisia

[2] Jazan Univ, Appl Coll, Jizan, Saudi Arabia

[3] Coll Business Adm, Dammam, Saudi Arabia

来源：

MACROECONOMICS AND FINANCE IN EMERGING MARKET ECONOMIES | 2023年

关键词：

Real exchange rate; industrial policy; panel ARDL model; emerging markets; DUTCH DISEASE; AGRICULTURE; GROWTH; IMPACT; TRADE;

D O I：

10.1080/17520843.2023.2213031

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this paper is to investigate the impact of real exchange rate (RER) changes on the growth rate of the agriculture, industrial, services, and extractive sectors. To this end, a panel autoregressive distributed lag (ARDL) model, for 19 emerging economies over the period 1992-2020, was employed. Our findings reveal that first; the currencies of these economies are overvalued, furthermore, in the long run, to stimulate agriculture, industry, services, and extractive activities, these economies have to undervalue the RER, which is not currently the case.

引用

页数：14

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