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Fluctuations de Change et Performances Economiques


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  • Imed Drine
  • Christophe Rault


Ce travail a pour objet d'analyser les conséquences des variations de change sur les performances économiques. L'étude réalisé e sur un panel de pays en développement à l'aide de techniques économétriques en séries temporelles et en donné es de panel révèle d'une part, une relation de causalité du taux de change nominal vers le produit et ses différentes composantes et d'autre part un effet récessioniste de dépréciation du taux de change nominal. /This paper analyzes the consequences of exchange rate variations on economic performances. Our econometric results based on time series and panel data econometric techniques performed on a sample of developing and developed countries highlight on the one hand, a causality relationship from the nominal exchange rate to output and on the other, a downturn effect of depreciation of the nominal exchange rate.

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Bibliographic Info

Article provided by ULB -- Universite Libre de Bruxelles in its journal Brussels economic review.

Volume (Year): 50 (2007)
Issue (Month): 4 ()
Pages: 427-444

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Handle: RePEc:bxr:bxrceb:2013/80731

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Keywords: Taux de change nominal/Nominal exchange rate; Pays en développement/Developing countries; Tests de causalité/Causality tests; Données de panel/Panel data;

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