Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas
Real exchange rate and economic growth: a comparison between emerging and developed economies. This paper presents a discussion on the relationship between economic growth and real exchange rate. The article presents the results generated by a dynamic panel that tested the relationship of economic g...
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Format: | Article |
Language: | English |
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Editora 34
2011-12-01
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Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572011000400002&lng=en&tlng=en |
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author | Marcos Rocha Marcelo Curado Daniel Damiani |
author_facet | Marcos Rocha Marcelo Curado Daniel Damiani |
author_sort | Marcos Rocha |
collection | DOAJ |
description | Real exchange rate and economic growth: a comparison between emerging and developed economies. This paper presents a discussion on the relationship between economic growth and real exchange rate. The article presents the results generated by a dynamic panel that tested the relationship of economic growth with the level of the exchange rate, exchange rate volatility and the choice of exchange rate regime from 26 countries, 13 emerging and 13 developed. The results suggest that the level of the exchange rate and volatility are relevant for growth. Finally, the paper stresses that there are important differences when comparing developed and emerging economies. |
first_indexed | 2024-04-12T07:35:23Z |
format | Article |
id | doaj.art-1f061ae4c3b248c4b55e49372ee572c3 |
institution | Directory Open Access Journal |
issn | 1809-4538 |
language | English |
last_indexed | 2024-04-12T07:35:23Z |
publishDate | 2011-12-01 |
publisher | Editora 34 |
record_format | Article |
series | Brazilian Journal of Political Economy |
spelling | doaj.art-1f061ae4c3b248c4b55e49372ee572c32022-12-22T03:41:56ZengEditora 34Brazilian Journal of Political Economy1809-45382011-12-0131452855010.1590/S0101-31572011000400002S0101-31572011000400002Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidasMarcos Rocha0Marcelo Curado1Daniel Damiani2PUCUniversidade Federal do ParanáUniversidade Federal do ParanáReal exchange rate and economic growth: a comparison between emerging and developed economies. This paper presents a discussion on the relationship between economic growth and real exchange rate. The article presents the results generated by a dynamic panel that tested the relationship of economic growth with the level of the exchange rate, exchange rate volatility and the choice of exchange rate regime from 26 countries, 13 emerging and 13 developed. The results suggest that the level of the exchange rate and volatility are relevant for growth. Finally, the paper stresses that there are important differences when comparing developed and emerging economies.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572011000400002&lng=en&tlng=enexchange rateeconomic growtheconomic policy |
spellingShingle | Marcos Rocha Marcelo Curado Daniel Damiani Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas Brazilian Journal of Political Economy exchange rate economic growth economic policy |
title | Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas |
title_full | Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas |
title_fullStr | Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas |
title_full_unstemmed | Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas |
title_short | Taxa de câmbio real e crescimento econômico: uma comparação entre economias emergentes e desenvolvidas |
title_sort | taxa de cambio real e crescimento economico uma comparacao entre economias emergentes e desenvolvidas |
topic | exchange rate economic growth economic policy |
url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572011000400002&lng=en&tlng=en |
work_keys_str_mv | AT marcosrocha taxadecambiorealecrescimentoeconomicoumacomparacaoentreeconomiasemergentesedesenvolvidas AT marcelocurado taxadecambiorealecrescimentoeconomicoumacomparacaoentreeconomiasemergentesedesenvolvidas AT danieldamiani taxadecambiorealecrescimentoeconomicoumacomparacaoentreeconomiasemergentesedesenvolvidas |