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Differential Impacts of Currency Undervaluation on Growth and Exports in Natural Resource vs. Manufacturing Exporting Countries

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  • Sanika Sulochani Ramanayake
  • Keun Lee

Abstract

This paper aims to analyze the differential impact of exchange rate undervaluation on growth and exports in different countries. The paper considers two sets of countries in our dataset-18 countries are included in manufactures- exporting sample while 16 countries are included in the minerals-exporting sample; Countries included in the former group have at least 70 percent share of manufactured products in total exports in 2010; while those in the latter contribute to more than 40 percent in total exports.

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  • Sanika Sulochani Ramanayake & Keun Lee, 2017. "Differential Impacts of Currency Undervaluation on Growth and Exports in Natural Resource vs. Manufacturing Exporting Countries," Working Papers id:11694, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:11694
    Note: Institutional Papers
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    More about this item

    Keywords

    Currency undervaluation; economic growth; exports growth; mineral exporting countries; manufacture exporting countries.exchange rate;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative

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