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Ausschuss für Entwicklungsländer, Verein für Socialpolitik >
Proceedings of the German Development Economics Conference, 2006 (Berlin) >
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http://hdl.handle.net/10419/19831
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Berthou, Antoine | | en_US |
| dc.contributor.author | | Berman, Nicolas | | en_US |
| dc.date.accessioned | | 2009-01-28T16:07:52Z | | - |
| dc.date.available | | 2009-01-28T16:07:52Z | | - |
| dc.date.issued | | 2006 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/19831 | | - |
| dc.description.abstract | | This paper studies the role of financial market imperfections in the way countries' exports react to a currency depreciation. Using quarterly data for 27 developed and developing countries over the period 1990-2005, we show that the impact of a depreciation will be less positive - or even negative - for a country as: (i) firms borrow in foreign currency ; (ii) they are credit constrained ; (iii) they are specialized in industries that require more external capital; (iv) the depreciation's or devaluation's magnitude is large. This last result confirms the existence of a non-linear relationship between an exchange rate depreciation and a country's exports reaction when financial imperfections are observed. This work offers a new explanation for the consequences of recent currency crises in middle income countries. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | Proceedings of the German Development Economics Conference, Berlin 2006 / Verein für Socialpolitik, Research Committee Development Economics 3 | | en_US |
| dc.subject.jel | | F37 | | en_US |
| dc.subject.jel | | F32 | | en_US |
| dc.subject.jel | | F10 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | International Trade | | en_US |
| dc.subject.keyword | | Exchange Rate Movements | | en_US |
| dc.subject.keyword | | Financial Development | | en_US |
| dc.subject.keyword | | Financial Market Imperfections | | en_US |
| dc.title | | Financial Market Imperfections and the impact of exchange rate movements on exports | | en_US |
| dc.type | | Conference Paper | | en_US |
| dc.identifier.ppn | | 517780798 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Proceedings of the German Development Economics Conference, 2006 (Berlin)
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| Berthou.pdf | | 214.34 kB | Adobe PDF |
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