The effect of a collective exchange rate adjustment on East Asian exports

Mizanur Rahman and Kaliappa Kalirajan ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 percent.

Keywords: Global imbalance; exchange rate appreciation; collective adjustment; production networks; East Asia (search for similar items in EconPapers)
JEL-codes: C33 F12 F14 F32 F42 (search for similar items in EconPapers)
Date: 2008-03-27
New Economics Papers: this item is included in nep-ifn, nep-opm and nep-sea
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Related works:
Journal Article: The effect of a collective exchange rate adjustment on East Asian exports (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13934

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