Has the Fall in the Foreign Exchange Value of the U.S. Dollar since 1985 Strengthened the U.S. Industrial Sector?

Edward T. Gullason

The American Economist, 1998, vol. 42, issue 1, 76-81

Abstract: This study reexamines the relationship between the foreign exchange value of the U.S. dollar and U.S. industrial production to see if the decline in value of the U.S. dollar since 1985 caused the U.S. industrial sector to grow as theory suggests. Results indicate that the U.S. dollar's decline had no impact on U.S. industrial production. This is most likely due to the fact that the portion of the U.S. industrial sector exposed to global competition has been small. The value of the U.S. dollar is demonstrated to be a very poor barometer of the performance of the U.S. industrial sector.

Date: 1998
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/056943459804200108 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:amerec:v:42:y:1998:i:1:p:76-81

DOI: 10.1177/056943459804200108

Access Statistics for this article

More articles in The American Economist from Sage Publications
Bibliographic data for series maintained by SAGE Publications ().