The Effect of a Collective Exchange Rate Adjustment on East Asian Exports
This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 per cent.
|Collections||ANU Research Publications|
|01_Kalirajan_The_Effect_of_a_Collective_2009.pdf||125.37 kB||Adobe PDF||Request a copy|