Depreciations without Exports? : Global Value Chains and the Exchange Rate Elasticity of Exports

Depreciations without Exports? : Global Value Chains and the Exchange Rate Elasticity of Exports

This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. The analysis uses a panel framework covering 46 cou...

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Bibliographic Details
Main Authors: Ahmed, Swarnali, Appendino, Maximiliano, Ruta, Michele
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
GROWTH RATES
ECONOMIC GROWTH
PRODUCTION
NOMINAL EXCHANGE RATES
FIXED EFFECT
COUNTRY FIXED EFFECTS
DEPRECIATION
CONSUMER PRICE INDICES
REAL EXCHANGE RATES
IMPORT
TRADE BARRIERS
EXCHANGE
REAL GDP
CHANGES IN TRADE
GDP PER CAPITA
EXPORTS
ELASTICITY OF EXPORTS
ELASTICITY
TRADE FLOWS
RECESSION
EXPORTERS
PRICE INDICES
WORLD DEVELOPMENT INDICATORS
MACROECONOMIC CONDITIONS
VARIABLES
SLOWDOWN
INPUTS
DUMPING
REAL EXCHANGE RATE
ECONOMIC OUTLOOK
FINAL GOODS
IMPORT CONTENT
REAL EFFECTIVE EXCHANGE RATE
EFFECTIVE EXCHANGE RATE
GROSS EXPORTS
INFLUENCE
REAL DEPRECIATION
ABSOLUTE VALUE
CURRENCY
DEVELOPMENT ECONOMICS
EXPORT GROWTH
EXCHANGE RATE MOVEMENTS
TRADE INTEGRATION
VALUE‐ADDED
INCOME GROWTH
REAL EFFECTIVE EXCHANGE RATES
EXCHANGE RATES
COUNTRY FIXED EFFECT
MACROECONOMIC MODELS
FOREIGN FIRMS
CURRENCY DEPRECIATIONS
IMPORT PROTECTION
REAL EXCHANGE RATE CHANGE
WTO
DEPRECIATIONS
BUSINESS CYCLE
ACCESS
INTERNATIONAL ECONOMICS
TRADE POLICY
RATE MOVEMENTS
TRADE POLICIES
ECONOMIC RESEARCH
VALUE ADDED
KNOWLEDGE SPILLOVERS
EXTERNAL DEMAND
TOTAL EXPORTS
DEFLATORS
INTERNATIONAL TRADE
TRADE RESTRICTIVENESS
FINANCIAL CRISIS
VALUE
DEPENDENT VARIABLE
COMPETITIVENESS
TRADE GROWTH
CREDIT
FORMAL ANALYSIS
MACROECONOMICS
DEMAND
EXPORT SHARES
INTERMEDIATE GOODS
ECONOMY
CONSUMERS
LOCAL CURRENCY
REAL EXPORTS
FIXED EFFECTS
BUSINESS CYCLES
TRADE DATA
TRADE
CURRENCY DEPRECIATION
USE VALUE
GDP
GOODS
THEORY
GLOBAL TRADE
REAL DEPRECIATIONS
REAL EXPORT GROWTH
EFFECTIVE EXCHANGE RATES
SUPPLY
TRADE RELATIONS
GLOBAL DEMAND
EXPORT VOLUMES
PRICE COMPETITIVENESS
WORLD TRADE
REVALUATION
ECONOMIC HISTORY
CYCLICAL FACTORS
EXCHANGE RATE
BUSINESS CYCLE SYNCHRONIZATION
INTERMEDIATE INPUTS
TRADING PARTNERS
MEASURES OF INTEGRATION
REAL EXPORT
MACROECONOMIC ADJUSTMENT
REAL EXCHANGE RATE CHANGES
ECONOMIES
DEVELOPMENT POLICY
TOTAL EXPORT
FUTURE RESEARCH
Online Access:http://documents.worldbank.org/curated/en/2015/08/24895630/depreciations-without-exports-global-value-chains-exchange-rate-elasticity-exports
http://hdl.handle.net/10986/22440

Internet

http://documents.worldbank.org/curated/en/2015/08/24895630/depreciations-without-exports-global-value-chains-exchange-rate-elasticity-exports
http://hdl.handle.net/10986/22440

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