Slow Rockets and Fast Feathers or the Link between Exchange Rates and Exports : A Case Study for Pakistan

Slow Rockets and Fast Feathers or the Link between Exchange Rates and Exports : A Case Study for Pakistan

Export responses to real exchange rate (RER) depreciations in Pakistan are lower than those to appreciations. This paper empirically documents this asymmetric response using macro-level data. It then relies on a disaggregated export product–level data set for 2003–17 to test, within a panel fix...

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Bibliographic Details
Main Authors: Brun, Martin, Gambetta, Juan Pedro, Varela, Gonzalo J.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
TRADE AND INVESTMENT
EXCHANGE RATE
EXPORTS
REAL EXCHANGE RATE
EXPORT PERFORMANCE
FINANCIAL DEPENDENCE
PRICING TO MARKET
THRESHOLD AUTOREGRESSIVE MODEL
CURRENCY DEPRECIATION
Online Access:http://documents.worldbank.org/curated/en/561931597063569779/Slow-Rockets-and-Fast-Feathers-or-the-Link-between-Exchange-Rates-and-Exports-A-Case-Study-for-Pakistan
http://hdl.handle.net/10986/34350

Internet

http://documents.worldbank.org/curated/en/561931597063569779/Slow-Rockets-and-Fast-Feathers-or-the-Link-between-Exchange-Rates-and-Exports-A-Case-Study-for-Pakistan
http://hdl.handle.net/10986/34350

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