The effect of a collective exchange rate adjustment on East Asian exports

Mizanur Rahman and Kaliappa Kalirajan ()

Economics Bulletin, 2009, vol. 29, issue 4, 2853-2859

Abstract: This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 per cent.

Keywords: Global imbalance; exchange rate; collective adjustment; production networks; East Asia (search for similar items in EconPapers)
JEL-codes: F1 F4 (search for similar items in EconPapers)
Date: 2009-11-10
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Working Paper: The effect of a collective exchange rate adjustment on East Asian exports (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-09-00365

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