Exchange rate undervaluation and manufactured exports: A deliberate strategy?

Ridha Nouira, Patrick Plane and Khalid Sekkat

Journal of Comparative Economics, 2011, vol. 39, issue 4, 584-601

Abstract: Recent literature suggests that a proactive exchange rate policy in accordance with price incentives (i.e. undervaluation) can foster manufactured exports and growth. This paper is built on these recent developments and investigates, using a sample of 52 developing countries, whether such a proactive exchange rate policy is adopted. The results show that during the period 1991–2005 a number of countries has used undervaluation to foster the price competitiveness of manufactured exports.

Keywords: Exchange rate; Misalignment; Undervaluation; Exports diversification (search for similar items in EconPapers)
JEL-codes: O14 O24 O53 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (30)

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Related works:
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2011)
Working Paper: Exchange Rate Undervaluation and Manufactured Exports: A Deliberate Strategy? (2010)
Working Paper: Exchange Rate Undervaluation And Manufactured Exports: A Deliberate Strategy? (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jcecon:v:39:y:2011:i:4:p:584-601

DOI: 10.1016/j.jce.2011.08.002

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