search query: @author Nunnenkamp, P. / total: 17
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Author: | Nunnenkamp, P. Schweickert, R. |
Title: | Adjustment policies and economic growth in developing countries - is devaluation contractionary? |
Journal: | Weltwirtschaftliches Archiv
1990 : VOL. 126:3, p. 474-493 |
Index terms: | DEVALUATION ECONOMIC GROWTH ECONOMETRIC MODELS |
Language: | eng |
Abstract: | Theory has increasingly denied lately that real devaluation has a positive effect on growth. Empirical studies are missing however. The present article proves on cross section data of several countries from the 1982-87 period that such growth effects do exist even if its strength, direction and structure is highly depending on the country and period investigated. |
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