Assuming that emerging and developing countries restructure their economy, rapid productivity growth in their industrial sectors is expected. When productivity growth in an emerging market economy is higher than in the chosen industrial country, inflation will be higher in the emerging country. Thus, the consumer price index-based real exchange rate will appreciate in the long run. The annual data set in this paper consists of three 19-year panels from 1996 to 2015. The emerging market economies are allocated to a rough exchange rate classification containing fixed, managed floating and free floating regimes. The Im-Pesaran-Shin panel unit root and Pedroni´s panel cointegration techniques are applied to the two stages of the Balassa-Samuelson hypothesis for each exchange rate regime panel. The impact of the effect on inflation and real appreciation suggests evidence that the simple Balassa-Samuelson effect alone cannot account for the productivity effects.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Da: Books Puddle, New York, NY, U.S.A.
Condizione: New. Codice articolo 26403764627
Quantità: 4 disponibili
Da: Majestic Books, Hounslow, Regno Unito
Condizione: New. Print on Demand. Codice articolo 409422412
Quantità: 4 disponibili
Da: Biblios, Frankfurt am main, HESSE, Germania
Condizione: New. PRINT ON DEMAND. Codice articolo 18403764633
Quantità: 4 disponibili
Da: moluna, Greven, Germania
Condizione: New. Codice articolo 385934865
Quantità: Più di 20 disponibili
Da: buchversandmimpf2000, Emtmannsberg, BAYE, Germania
Taschenbuch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Assuming that emerging and developing countries restructure their economy, rapid productivity growth in their industrial sectors is expected. When productivity growth in an emerging market economy is higher than in the chosen industrial country, inflation will be higher in the emerging country. Thus, the consumer price index-based real exchange rate will appreciate in the long run. The annual data set in this paper consists of three 19-year panels from 1996 to 2015. The emerging market economies are allocated to a rough exchange rate classification containing fixed, managed floating and free floating regimes. The Im-Pesaran-Shin panel unit root and Pedroni¿s panel cointegration techniques are applied to the two stages of the Balassa-Samuelson hypothesis for each exchange rate regime panel. The impact of the effect on inflation and real appreciation suggests evidence that the simple Balassa-Samuelson effect alone cannot account for the productivity effects.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 76 pp. Englisch. Codice articolo 9786202211017
Quantità: 1 disponibili
Da: AHA-BUCH GmbH, Einbeck, Germania
Taschenbuch. Condizione: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Assuming that emerging and developing countries restructure their economy, rapid productivity growth in their industrial sectors is expected. When productivity growth in an emerging market economy is higher than in the chosen industrial country, inflation will be higher in the emerging country. Thus, the consumer price index-based real exchange rate will appreciate in the long run. The annual data set in this paper consists of three 19-year panels from 1996 to 2015. The emerging market economies are allocated to a rough exchange rate classification containing fixed, managed floating and free floating regimes. The Im-Pesaran-Shin panel unit root and Pedroni s panel cointegration techniques are applied to the two stages of the Balassa-Samuelson hypothesis for each exchange rate regime panel. The impact of the effect on inflation and real appreciation suggests evidence that the simple Balassa-Samuelson effect alone cannot account for the productivity effects. Codice articolo 9786202211017
Quantità: 1 disponibili