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On the relationship between the value of the mark and German production

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Author Info

  • Peter Anker
  • Mohsen Bahmani-Oskooee

Abstract

This study employs Johansen's cointegration technique to determine the long-run relationship between exchange value of the DM and German production. It is shown that depreciation of the DM has a long-run expansionary impact on German production. This conclusion is based on a new method of selecting the order of VAR and the appropriate cointegrating vector simultaneously.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/00036840010012933
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 33 (2001)
Issue (Month): 12 ()
Pages: 1525-1530

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Handle: RePEc:taf:applec:v:33:y:2001:i:12:p:1525-1530

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Cited by:
  1. Magda E. Kandil & Mohsen Bahmani-Oskooee, 2007. "Exchange Rate Fluctuations and Output in Oil-Producing Countries," IMF Working Papers 07/113, International Monetary Fund.

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