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

被引：8
|
作者：
Gantman, Ernesto R. [1 ,2 ]
Dabos, Marcelo P. [3 ]
机构：
[1] Univ Buenos Aires, Fac Cs Econ, Buenos Aires, DF, Argentina
[2] Univ Belgrano, Escuela Negocios, Buenos Aires, DF, Argentina
[3] PUCP, CENTRUM Catolica Grad Business Sch, Lima, Peru
来源：
APPLIED ECONOMICS LETTERS | 2018年 / 25卷 / 05期
关键词：
Real effective exchange rate; trade openness; terms of trade; total factor productivity; GROWTH; TERMS; TARIFFS;
D O I：
10.1080/13504851.2017.1321829
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using panel time-series models that deal with the problems of potential endogeneity and cross-sectional dependence, while also allowing for cross-country heterogeneity in the parameters of interest, we demonstrate that trade openness produces a depreciation of the real effective exchange rate.
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页码：331 / 334
页数：4
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