PPP and the Balassa Samuelson Effect : The Role of the Distribution Sector /

This paper investigates the impact of the distribution sector on the real exchange rate, controlling for the Balassa-Samuelson effect, as well as other macro variables. Long-run coefficients are estimated using a panel dynamic OLS estimator. The main result is that an increase in the productivity an...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: MacDonald, Ronald
Awduron Eraill: Ricci, Luca
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2001.
Cyfres:IMF Working Papers; Working Paper ; No. 2001/038
Mynediad Ar-lein:Full text available on IMF