The impact of exchange rate misalignments on manufacturing investment in Brazil

ABSTRACT We analyze the hypothesis that variations on manufacturing investment are influenced by the difference between the real effective and industrial equilibrium exchange rates and by the difference between the current account and industrial equilibrium exchange rates (a proxy for the Dutch dise...

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Bibliographic Details
Main Authors: NELSON MARCONI, TIAGO COUTO PORTO, ELIANE ARAUJO
Format: Article
Language:English
Published: Editora 34 2022-12-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000400853&tlng=en