search query: @indexterm productivity / total: 1465
reference: 347 / 1465
| Author: | Chinn, M. |
| Title: | The usual suspects? Productivity and demand shocks and Asia-Pacific real exchange rates |
| Journal: | Review of International Economics
2000 : FEB, VOL. 8:1, p. 20-43 |
| Index terms: | INTERNATIONAL ECONOMICS PRODUCTIVITY EXCHANGE RATES |
| Language: | eng |
| Abstract: | A productivity-based model of East Asian relative prices and real exchange rates is tested using calculated productivity levels for China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, and Thailand. Time-series regressions of the exchange rate on relative productivity ratios indicate such a relationship for Japan, Malaysia, and the Philippines. Neither government spending nor the terms of trade appear to be important factors. |
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