المستودع الأكاديمي جامعة المدينة

The Balassa-Samuelson Hypothesis in Developed Countries and Emerging Market Economies: Different Outcomes Explained

أعرض تسجيلة المادة بشكل مبسط

dc.creator García Solanes, José
dc.creator Torrejón-Flores, Fernando
dc.date 2008
dc.date.accessioned 2013-10-16T06:57:45Z
dc.date.available 2013-10-16T06:57:45Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17986
dc.identifier ppn:561325316
dc.identifier RePEc:zbw:ifwedp:7215
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17986
dc.description This paper studies the Balassa-Samuelson hypothesis in two areas with strong differences in economic development, sixteen OECD countries and sixteen Latin American economies. Applying panel cointegration and bootstrapping techniques that solve for cross-sectional dependence problems in the data, we find that the second stage of the hypothesis, which relates relative sector prices with the real exchange rate, only holds in the Latin American area. The failure of the latter in the OECD countries as a whole is reflected in departures from PPP in the tradable sectors, and is probably due to segmentation between national tradable markets.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Economics Discussion Papers / Institut für Weltwirtschaft 2008-14
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject C15
dc.subject F31
dc.subject E31
dc.subject ddc:330
dc.subject Balassa-Samuelson effect
dc.subject bootstrapping techniques
dc.subject cross-sectional dependence
dc.subject economic development
dc.subject exchange rate systems
dc.subject Balassa-Samuelson Effekt
dc.subject Wechselkurssystem
dc.subject Entwicklung
dc.subject Bootstrap-Verfahren
dc.subject Vergleich
dc.subject Entwicklungsländer
dc.subject Schwellenländer
dc.subject Aufstrebende Märkte
dc.title The Balassa-Samuelson Hypothesis in Developed Countries and Emerging Market Economies: Different Outcomes Explained
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط