The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates

Menzie Chinn

Working Papers from Economisch Institut voor het Midden en Kleinbedrijf-

Abstract: The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined. Using sectoral output and employment data, relative prices and relative productivities are calculated for China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand. Time series regressions of the real exchange rate on relative prices indicate a role for relative prices for Indonesia, Japan and Korea.

Keywords: EXCHANGE RATE; PRODUCTIVITY; TRADE; ASIA (search for similar items in EconPapers)
JEL-codes: F31 F41 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (15)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: The Usual Suspects? Productivity and Demand Shocks and Asia–Pacific Real Exchange Rates (2000)
Working Paper: The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates (1998)
Working Paper: The usual suspects? productivity and demand shocks and Asia-Pacific real exchange rates (1997)
Working Paper: The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates (1997)
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:fth:midkle:97-06

Access Statistics for this paper

More papers in Working Papers from Economisch Institut voor het Midden en Kleinbedrijf- ECONOMISCH INSTITUT VOOR HET MIDDEN EN KLEINBEDRIJF, RESEARCH INSTITUTE FOR SMALL AND MEDIUM-SIZED BUSINESS IN THE NETHERLANDS, NEUHUYS..
Bibliographic data for series maintained by Thomas Krichel ().