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Provedor de dados:  AgEcon
País:  United States
Título:  Import Protection, Capital Flows, and Real Exchange Rate Dynamics
Autores:  Sjaastad, Larry A.
Manzur, Meher
Data:  2008-10-09
Ano:  2003
Palavras-chave:  Import protection
Real exchange rate
International Relations/Trade
Financial Economics
Resumo:  This paper focuses on the effect of import protection on the response of the real exchange rate to capital flows. The central hypothesis is that barriers to imports blunt the expenditure and production shifting effects of changes in relative prices, and hence the ability of the real exchange rate to equilibrate the economy in response to international capital flows. Employing a cross-section approach, the study focuses on three broadly similar countries but with very different levels of protection: Argentina, Australia, and Canada. The empirical results are consistent with the central hypothesis.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  Print ISSN 1514-0326

Online ISSN 1667-6726
Relação:  Journal of Applied Economics>Volume 6, Number 1, May 2003
Formato:  27

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