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Export-led growth, real exchange rates and the fallacy of composition

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  • Robert A. Blecker
  • Arslan Razmi

Abstract

Comprising specially commissioned essays, the Handbook provides a comprehensive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the relationship between finance and growth, the interplay of trend and cycle, and the role of aggregate demand in the long run.
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Suggested Citation

  • Robert A. Blecker & Arslan Razmi, 2009. "Export-led growth, real exchange rates and the fallacy of composition," Working Papers 2009-22, American University, Department of Economics.
    • Handle: RePEc:amu:wpaper:2009-22
    DOI: 10.17606/ez3f-ap16
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    Cited by:

    1. Ganguly, Shrimoyee & Acharyya, Rajat, 2022. "Devaluation, Export Quality and Employment in A Small Dependent Economy," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 47(1), pages 137-165, March.
    2. Robert Z. Lawrence, 2013. "Association of Southeast Asian Nations, People's Republic of China, and India Growth and the Rest of the World : The Role of Trade," Development Economics Working Papers 23409, East Asian Bureau of Economic Research.
    3. Thomas I. Palley, 2011. "The Contradictions of Export-led Growth," Economics Public Policy Brief Archive ppb_119, Levy Economics Institute.
    4. Thomas I. Palley, 2011. "The Rise and Fall of Export-led Growth," Economics Working Paper Archive wp_675, Levy Economics Institute.
    5. Yao, Yang, 2014. "The Chinese Growth Miracle," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 7, pages 943-1031, Elsevier.
    6. Meng, Sam, 2015. "Modeling the impact of exchange rates using a multicurrency framework," Economic Modelling, Elsevier, vol. 49(C), pages 223-231.
    7. Prem Prasad Acharya, 2015. "The Variance Decomposition of GDP, Domestic Credit and Exports of Nepal: A VAR Approach," NRB Working Paper 28/2015, Nepal Rastra Bank, Research Department.

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