EconPapers    
Economics at your fingertips  
 

REAL EXCHANGE RATE EURO-DOLLAR AND FOREIGN TRADE BALANCE: ANALYSIS OF SPAIN, GERMANY AND FRANCE IN COMPARISON WITH THE USA. 1960-2007

Maria-Carmen Guisan

Economic Development from University of Santiago de Compostela. Faculty of Economics and Business. Econometrics.

Abstract: One aim of this paper is to relate the evolution of real exchange rate Euro-Dollar to the foreign trade balance, with analysis three European countries: Spain, Germany and France, for the period 1960-2007. A second question is to analyse the effects of changes of REER on the evolution of Exports and Imports. A third point is to evaluate the impact of those changes on industrial and non industrial production and economic growth. We estimate an econometric model for the case of Spain that explains the causes and consequences of the huge increase of the trade deficit during the period 2004-2009 and we insist on the convenience to develop economic policies aimed to get higher levels of industrial production per inhabitant to increase Exports and to moderate foreign trade deficit.

JEL-codes: C51 F1 O52 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2009
New Economics Papers: this item is included in nep-ifn and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.usc.es/economet/aeeadepdf/aeeade100.pdf (application/pdf)

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:eaa:ecodev:100

Access Statistics for this paper

More papers in Economic Development from University of Santiago de Compostela. Faculty of Economics and Business. Econometrics. Contact information at EDIRC.
Bibliographic data for series maintained by M. Carmen Guisan ().

 
Page updated 2025-03-24
Handle: RePEc:eaa:ecodev:100