The impact of exchange-rate and trade policy on export performance in the 1980s

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(55/95)
cepal.docTypeRevistas
cepal.idSade20157
cepal.topicEngTRADE POLICY AND TRADE AGREEMENTS
cepal.topicSpaPOLÍTICA COMERCIAL Y ACUERDOS COMERCIALES
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
dc.contributor.authorMoguillansky, Graciela
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T18:41:20Z
dc.date.available2014-01-02T18:41:20Z
dc.date.issued1995-04
dc.descriptionIncludes bibliography
dc.description.abstract The region's changeover from a shortage of external funds to a relatively plentiful supply of such resources at a time when an effort is being made to liberalize its trade and financial sectors raises a number of questions regarding the effect of this phenomenon on the growth of Latin American exports. In an effort to answer these questions, the author examines a number of different attempts to arrive at a quantitative evaluation of the relationship between exchange and trade policies and the region's export performance in the 1980s. The main conclusions drawn from this analysis are that, in the aggregate, exports are not very sensitive to long-term variations in exchange rates, since only rarely are their elasticities greater than unity. When broken down by branch of activity, however, the effects of exchange policy are not homogeneous, with some branches exhibiting very high elasticities in both the long and short terms; this suggests that the greater the level of diversification and installed capacity, the greater the impact of variations in the real exchange rate will be. The studies examined here also lead to the conclusion that volatile real exchange rates and unstable trade policies discourage investment in the export sector, while it is found that the tariff reforms instituted by the countries have had a positive influence on the development of their exports but cease to be a decisive factor in that development once their implementation is completed.
dc.formatTexto
dc.format.extentpáginas. 95-108
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.1858-P
dc.identifier.urihttps://hdl.handle.net/11362/10518
dc.language.isoeng
dc.physicalDescriptionp. 95-108
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo55
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngEXPORTS
dc.subject.unbisEngFOREIGN EXCHANGE RATES
dc.subject.unbisEngTRADE POLICY
dc.subject.unbisSpaEXPORTACIONES
dc.subject.unbisSpaPOLITICA COMERCIAL
dc.subject.unbisSpaTIPOS DE CAMBIO
dc.titleThe impact of exchange-rate and trade policy on export performance in the 1980s
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublication30fe2f9a-99c3-49cf-8af8-11e2722ed078
relation.isAuthorOfPublication.latestForDiscovery30fe2f9a-99c3-49cf-8af8-11e2722ed078
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