skip to content
Global value chains and the exchange rate elasticity of exports Preview this item
ClosePreview this item
Checking...

Global value chains and the exchange rate elasticity of exports

Author: Swarnali Ahmed; Maximiliano Appendino; Michele Ruta; International Monetary Fund. Strategy, Policy, and Review Department.
Publisher: [Washington, D.C.] : International Monetary Fund, ©2015.
Series: IMF working paper, WP/15/252.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real Effective Exchange Rate (REER) has decreased over time. We then examine whether the formation of supply chains has affected  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Swarnali Ahmed; Maximiliano Appendino; Michele Ruta; International Monetary Fund. Strategy, Policy, and Review Department.
OCLC Number: 930620265
Notes: "November 2015."
"Strategy, Policy and Review."
Description: 1 online resource (28 pages) : color illustrations.
Series Title: IMF working paper, WP/15/252.
Responsibility: prepared by Swarnali Ahmed, Maximiliano Appendino and Michele Ruta.

Abstract:

This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real Effective Exchange Rate (REER) has decreased over time. We then examine whether the formation of supply chains has affected this elasticity using different measures of GVC integration. Intuitively, as countries are more integrated in global production processes, a currency depreciation only improves competitiveness of a fraction of the value of final good exports. In line with this intuition, we find evidence that GVC participation reduces the REER elasticity of manufacturing exports by 22 percent, on average. --Abstract.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/930620265> # Global value chains and the exchange rate elasticity of exports
    a schema:MediaObject, schema:CreativeWork, schema:Book ;
   library:oclcnum "930620265" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/dcu> ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/2817884063#Place/washington_d_c> ; # Washington, D.C.
   rdfs:comment "Unknown 'gen' value: igp" ;
   schema:about <http://experiment.worldcat.org/entity/work/data/2817884063#Topic/foreign_exchange_rates> ; # Foreign exchange rates
   schema:about <http://experiment.worldcat.org/entity/work/data/2817884063#Topic/devaluation_of_currency> ; # Devaluation of currency
   schema:about <http://experiment.worldcat.org/entity/work/data/2817884063#Topic/international_trade> ; # International trade
   schema:about <http://experiment.worldcat.org/entity/work/data/2817884063#Topic/exports> ; # Exports
   schema:about <http://dewey.info/class/332.45/e23/> ;
   schema:author <http://experiment.worldcat.org/entity/work/data/2817884063#Person/ahmed_swarnali> ; # Swarnali Ahmed
   schema:author <http://experiment.worldcat.org/entity/work/data/2817884063#Person/ruta_michele> ; # Michele Ruta
   schema:author <http://experiment.worldcat.org/entity/work/data/2817884063#Person/appendino_maximiliano> ; # Maximiliano Appendino
   schema:bookFormat schema:EBook ;
   schema:contributor <http://experiment.worldcat.org/entity/work/data/2817884063#Person/ruta_michele> ; # Michele Ruta
   schema:contributor <http://experiment.worldcat.org/entity/work/data/2817884063#Person/appendino_maximiliano> ; # Maximiliano Appendino
   schema:contributor <http://experiment.worldcat.org/entity/work/data/2817884063#Organization/international_monetary_fund_strategy_policy_and_review_department> ; # International Monetary Fund. Strategy, Policy, and Review Department.
   schema:copyrightYear "2015" ;
   schema:creator <http://experiment.worldcat.org/entity/work/data/2817884063#Person/ahmed_swarnali> ; # Swarnali Ahmed
   schema:datePublished "2015" ;
   schema:description "This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real Effective Exchange Rate (REER) has decreased over time. We then examine whether the formation of supply chains has affected this elasticity using different measures of GVC integration. Intuitively, as countries are more integrated in global production processes, a currency depreciation only improves competitiveness of a fraction of the value of final good exports. In line with this intuition, we find evidence that GVC participation reduces the REER elasticity of manufacturing exports by 22 percent, on average. --Abstract."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/2817884063> ;
   schema:genre "Government publication"@en ;
   schema:genre "Electronic books"@en ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/2817884063#Series/imf_working_paper> ; # IMF working paper ;
   schema:name "Global value chains and the exchange rate elasticity of exports"@en ;
   schema:productID "930620265" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/930620265#PublicationEvent/washington_d_c_international_monetary_fund_2015> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/2817884063#Agent/international_monetary_fund> ; # International Monetary Fund
   schema:url <http://elibrary.imf.org/view/IMF001/22964-9781513531793/22964-9781513531793/22964-9781513531793.xml> ;
   schema:url <http://www.myilibrary.com?id=881356> ;
   schema:url <http://www.imf.org/external/pubs/cat/longres.aspx?sk=43424.0> ;
   schema:url <http://public.eblib.com/choice/publicfullrecord.aspx?p=4395400> ;
   schema:url <http://public.ebookcentral.proquest.com/choice/publicfullrecord.aspx?p=4395400> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/930620265> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/2817884063#Agent/international_monetary_fund> # International Monetary Fund
    a bgn:Agent ;
   schema:name "International Monetary Fund" ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Organization/international_monetary_fund_strategy_policy_and_review_department> # International Monetary Fund. Strategy, Policy, and Review Department.
    a schema:Organization ;
   schema:name "International Monetary Fund. Strategy, Policy, and Review Department." ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Person/ahmed_swarnali> # Swarnali Ahmed
    a schema:Person ;
   schema:familyName "Ahmed" ;
   schema:givenName "Swarnali" ;
   schema:name "Swarnali Ahmed" ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Person/appendino_maximiliano> # Maximiliano Appendino
    a schema:Person ;
   schema:familyName "Appendino" ;
   schema:givenName "Maximiliano" ;
   schema:name "Maximiliano Appendino" ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Person/ruta_michele> # Michele Ruta
    a schema:Person ;
   schema:familyName "Ruta" ;
   schema:givenName "Michele" ;
   schema:name "Michele Ruta" ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Place/washington_d_c> # Washington, D.C.
    a schema:Place ;
   schema:name "Washington, D.C." ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Series/imf_working_paper> # IMF working paper ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/930620265> ; # Global value chains and the exchange rate elasticity of exports
   schema:name "IMF working paper ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Topic/devaluation_of_currency> # Devaluation of currency
    a schema:Intangible ;
   schema:name "Devaluation of currency"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Topic/foreign_exchange_rates> # Foreign exchange rates
    a schema:Intangible ;
   schema:name "Foreign exchange rates"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/2817884063#Topic/international_trade> # International trade
    a schema:Intangible ;
   schema:name "International trade"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.