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Remittances, Exchange Rate Regimes and the Dutch Disease: A Panel Data Analysis

机译:汇款,汇率制度和荷兰疾病:面板数据分析

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摘要

Using disaggregated sectorial data for developing and transition countries, this study shows that rising levels of remittances have spending effects that may lead to real exchange rate appreciation, and resource movement effects that favor the nontradable sector at the expense of tradable goods production. These are two characteristics of the phenomenon known as "Dutch disease". The results further suggest that resource movement effects that favor the nontradable sector should operate stronger under fixed nominal exchange rate regimes.
机译:利用发展中国家和转型国家的部门部门分类数据,该研究表明,汇款水平的上升具有支出效应,可能导致实际汇率升值,而资源流动效应则有利于非贸易部门,而损害了可贸易商品的生产。这是被称为“荷兰病”的现象的两个特征。结果进一步表明,在固定名义汇率制度下,有利于非贸易部门的资源流动效应应更强。

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  • 来源
    《Review of international economics》 |2012年第2期|p.377-395|共19页
  • 作者单位

    Department of Economics, California State University, Fullerton, 800 N. State College Blvd,Fullerton, CA 92834, USA.;

    Federal Reserve Bank of Atlanta, Research Department, 1000 Peachtree Street, N.E., Atlanta, GA30309-4470, USA.;

    The World Bank,1818 H St NW, Washington, DC, USA.;

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