This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Does an Undervalued Currency Promote Growth? Evidnece from China

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Artatrana Ratha
Eungmin Kang
Mary Edwards () (Department of Economics, St. Cloud State University)

Additional information is available for the following registered author(s):

Abstract

Whether currency devaluation promotes growth is an empirically open question. Coexistence of an undervalued currency and the world’s largest trade surplus alongside a booming economy makes China a unique case study. Using the bounds-testing approach to cointegration and error correction modeling proposed by Pesaran et al. (2001), we estimate a reduced form model for China. The findings suggest that devaluation of the Yuan is contractionary in the short run but expansionary in the long run.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.stcloudstate.edu/economics/documents/China.Dev.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Saint Cloud State University, Department of Economics in its series Working Papers with number 2008-15 Classification- F31, F32, and F33.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation:
Date of revision:
Handle: RePEc:scs:wpaper:0815

Contact details of provider:
Postal: 386 Stewart Hall, 720 4th Ave S, St. Cloud, MN 56301-4498
Phone: (320) 308-2227
Fax: (320) 308-2228
Email:
Web page: http://www.stcloudstate.edu/economics/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (King Banaian).

Related research
Keywords: devaluation; output; growth; China; cointegration;

Statistics
Access and download statistics

Did you know? It is the publishers that input data about their publications, as there is no staff at RePEc.

This page was last updated on 2009-11-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.