IDEAS home Printed from https://ideas.repec.org/a/cii/cepiei/2001-2tc.html
   My bibliography  Save this article

Theorie de la croissance et taux de change reel : une approche neoclassique

Author

Listed:
  • Ignacio Briones

Abstract

Partant des theories neoclassiques de la croissance, cet article presente un modele qui met en relation le taux de change reel avec la croissance economique et l'accumulation de capital humain et de capital physique. Outre les conclusions traditionnelles des modeles neoclassiques concernant la dynamique de convergence de la croissance economique, il montre que pour un pays ayant un deficit relatif en capital physique (situation qui caracterise les pays en voie de developpement), on s'attend aussi a observer une appreciation du taux de change reel. Cette evolution est d'autant plus marquee que le desequilibre initial dans la dotation relative en capital physique est important. Une analyse econometrique de panel permet de valider ces resultats tout en suggerant que l'approche du taux de change reel proposee ici est complementaire de celle des modeles bases sur des differentiels de productivite a la Balassa-Samuelson.

Suggested Citation

  • Ignacio Briones, 2001. "Theorie de la croissance et taux de change reel : une approche neoclassique," Economie Internationale, CEPII research center, issue 86, pages 49-75.
  • Handle: RePEc:cii:cepiei:2001-2tc
    as

    Download full text from publisher

    File URL: http://www.cepii.fr/IE/ei.asp?issue=86
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Taux de change reel ; croissance economique; convergence; accumulation de capital; technologie;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cii:cepiei:2001-2tc. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/cepiifr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.