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Real exchange rates in developing countries Are Balassa-Samuelson effects present?

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  • "There is little empirical research on whether Balassa-Samuelson effects can explain the long-run behavior of real exchange rates in developing countries. This paper presents new evidence on this issue based on a panel data sample of 16 developing countries. The paper finds that the traded-nontraded productivity differential is a significant determinant of the relative price of nontraded goods, and the relative price in turn exerts a significant effect on the real exchange rate. The terms of trade also influence the real exchange rate. These results provide strong verification of Balassa-Samuelson effects for developing countries."

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  • "Real exchange rates in developing countries : are Balassa-Samuelson effects present?"
  • "Real exchange rates in developing countries: are Balassa-Samuelson effects present?"
  • "Real exchange rates in developing countries Are Balassa-Samuelson effects present?"@en
  • "Real Exchange Rates in Developing Countries Are Balassa-Samuelson Effects Present?"
  • "Real exchange rates in developing countries are Balassa-Samuelson effects present?"
  • "Real exchange rates in developing countries : Are Balassa-Samuelson effects present?"@en