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Dutch disease, real effective exchange rate misalignments and their effect on GDP growth in EU

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  • Comunale, Mariarosaria

Abstract

In this article we study the impact of real effective exchange rate misalignments, based on determinants including different types of foreign capital inflows, on GDP growth in the EU. For this analysis, we use a panel of 27 EU countries for the period 1994–2012, with annual frequency.

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  • Comunale, Mariarosaria, 2017. "Dutch disease, real effective exchange rate misalignments and their effect on GDP growth in EU," Journal of International Money and Finance, Elsevier, vol. 73(PB), pages 350-370.
  • Handle: RePEc:eee:jimfin:v:73:y:2017:i:pb:p:350-370
    DOI: 10.1016/j.jimonfin.2017.02.012
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    More about this item

    Keywords

    Real effective exchange rate; Behavioral effective exchange rate; Foreign capital inflows; FDIs; Dutch disease; GDP growth; European Union;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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