Exchange rate and Economic Growth - a comparative analysis of the possible relationship between them
Subhajit Pramanik
MPRA Paper from University Library of Munich, Germany
Abstract:
In this article, a comparative analysis has been done on the possibility of a correlation between economic growth and exchange rates. To represent the factor of growth GDP, inflation, growth has been examined in different cases. In the same way for exchange rates, nominal exchange rate, real exchange rate has been analysed based on the specific cases. Here we also see a machine learning approach to find the correlation in both short and long run time periods. Some empirical tests and data analysis was done by many economists have also been clustered here to map the total overview in a better manner.
Keywords: GDP; Machine Learning; Exchange rates; Nominal exchange rate; Real exchange rate; Inflation; Trade (search for similar items in EconPapers)
JEL-codes: F0 F41 F43 F47 (search for similar items in EconPapers)
Date: 2021-04, Revised 2021-05
New Economics Papers: this item is included in nep-big, nep-cmp and nep-cwa
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:111504
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