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Regime de change et croissance economique : une investigation empirique

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  • Chaker Aloui
  • Haithem Sassi

Abstract

L’objet de cet article est d’etudier les repercussions potentielles du choix du regime de change sur la croissance economique. Nous estimons l’incidence du regime de change sur la croissance en utilisant des donnees de panel relatives à 53 pays (1973 – 1998) et en ayant recourt a la methode d’estimation des moments generalises. Les resultats obtenus suggerent que les regimes de change assortis d’un point d’ancrage aux fins de la conduite de la politique monetaire, qu’il s’agisse de regimes de changes fixes ou flottants ou de regimes intermediaires, exercent une influence positive sur la croissance. Les resultats revelent qu’il est tres important de tenir compte du cadre de politique monetaire qui accompagne le regime de change lorsque l’on evalue les effets de ce regime sur la tenue globale de l’economie.

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File URL: http://www.cepii.fr/francgraph/publications/ecointern/rev104/rev104e.htm
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Bibliographic Info

Article provided by CEPII research center in its journal Economie Internationale.

Volume (Year): (2005)
Issue (Month): 104 ()
Pages: 97-134

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Handle: RePEc:cii:cepiei:2005-4te

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Related research

Keywords: Regime de change; croissance economique; taux de change; cadre de politique monetaire;

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