Productivity Differentials and The Real Exchange Rate: Empirical Evidence From India

Purna Parida, B Kamaiah and Maathai K Mathiyazhagan

No 99, Working Papers from Institute for Social and Economic Change, Bangalore

Abstract: This paper examines the long-run relationship between the real exchange rate and productivity differentials on traded and non-traded goods in India and Japan by using the data relating to the period from 1974 to 1998. The study uses the co-integration technique and finds that there is an evidence for the Balassa-Samuelson hypothesis, which stipulates that productivity differences in the traded and non-traded goods have a stable long-run equilibrium relationship with real exchange rate.

Keywords: Real Exchange Rate; Productivity Differentials (search for similar items in EconPapers)
Pages: 17 pages
Date: 2001
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.isec.ac.in/Productivity_differentials_and_the_real_exchange_rate.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.isec.ac.in:443 (Bad file descriptor) (http://www.isec.ac.in/Productivity_differentials_and_the_real_exchange_rate.pdf [301 Moved Permanently]--> https://www.isec.ac.in/Productivity_differentials_and_the_real_exchange_rate.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:sch:wpaper:99

Access Statistics for this paper

More papers in Working Papers from Institute for Social and Economic Change, Bangalore Contact information at EDIRC.
Bibliographic data for series maintained by B B Chand ().