Artikel
Comercio, tipo de cambio real y crecimiento económico
We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real exchange rate. We deduce that the growth rate of the economy increases in the long run. We affirm that the Mexican economy did not follow this behavior in the period after the trade liberalization, so the result was a deficient economic growth.
- Sprache
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Spanisch
- Erschienen in
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Journal: Estudios de Economía ; ISSN: 0718-5286 ; Volume: 34 ; Year: 2007 ; Issue: 1 ; Pages: 21-35 ; Santiago de Chile: Universidad de Chile, Departamento de Economía
- Klassifikation
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Wirtschaft
Economic Growth of Open Economies
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
One, Two, and Multisector Growth Models
- Thema
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export sector
learning by doing
real exchange rate
growth
- Ereignis
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Geistige Schöpfung
- (wer)
-
Casares, Enrique R.
- Ereignis
-
Veröffentlichung
- (wer)
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Universidad de Chile, Departamento de Economía
- (wo)
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Santiago de Chile
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Casares, Enrique R.
- Universidad de Chile, Departamento de Economía
Entstanden
- 2007