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The determination of the real exchange rate. The productivity approach

Publication ,  Journal Article
Hsieh, DA
Published in: Journal of International Economics
January 1, 1982

This paper explains deviations of exchange rates from purchasing power parity with the differences between countries of the relative growth rates of labor productivity between traded and nontraded sectors. Two cases are considered: Germany and Japan versus their respective major trading partners. The results show that the time series methodology yields a more favorable confirmation of the productivity differential model than the cross section regressions in the literature. © 1982.

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Published In

Journal of International Economics

DOI

ISSN

0022-1996

Publication Date

January 1, 1982

Volume

12

Issue

3-4

Start / End Page

355 / 362

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics
 

Citation

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Hsieh, D. A. (1982). The determination of the real exchange rate. The productivity approach. Journal of International Economics, 12(3–4), 355–362. https://doi.org/10.1016/0022-1996(82)90045-9
Hsieh, D. A. “The determination of the real exchange rate. The productivity approach.” Journal of International Economics 12, no. 3–4 (January 1, 1982): 355–62. https://doi.org/10.1016/0022-1996(82)90045-9.
Hsieh DA. The determination of the real exchange rate. The productivity approach. Journal of International Economics. 1982 Jan 1;12(3–4):355–62.
Hsieh, D. A. “The determination of the real exchange rate. The productivity approach.” Journal of International Economics, vol. 12, no. 3–4, Jan. 1982, pp. 355–62. Scopus, doi:10.1016/0022-1996(82)90045-9.
Hsieh DA. The determination of the real exchange rate. The productivity approach. Journal of International Economics. 1982 Jan 1;12(3–4):355–362.
Journal cover image

Published In

Journal of International Economics

DOI

ISSN

0022-1996

Publication Date

January 1, 1982

Volume

12

Issue

3-4

Start / End Page

355 / 362

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics