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...
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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2001.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2001/038 |
| Dostęp online: | Full text available on IMF |