Real Exchange Rates, Commodity Prices and Structural Factors in Developing Countries
Vincent Bodart,
Bertrand Candelon and
Jean-François Carpantier
Working Papers from HAL
Abstract:
This paper provides new empirical evidence about the relationship that may exist between real exchange rates and commodity prices in developing countries that are specialized in the export of a main primary commodity. It investigates how structural factors like the exchange rate regime, the degree of financial and trade openness, the degree of export concentration and the type of the commodity exports affect the strength of the commodity price-real exchange rate dependence.
Keywords: Real exchange rates; commodity prices; exchange rate regime; financial openness; panel analysis (search for similar items in EconPapers)
Date: 2011-12
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Citations: View citations in EconPapers (4)
Published in [Research Report] 2011045, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES). 2011
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-01821154
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