haku: @indexterm devaluation / yhteensä: 80
viite: 44 / 80
| Tekijä: | Nunnenkamp, P. Schweickert, R. |
| Otsikko: | Adjustment policies and economic growth in developing countries - is devaluation contractionary? |
| Lehti: | Weltwirtschaftliches Archiv
1990 : VOL. 126:3, p. 474-493 |
| Asiasana: | DEVALUATION ECONOMIC GROWTH ECONOMETRIC MODELS |
| Kieli: | eng |
| Tiivistelmä: | 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. |
SCIMA