Productivity, the Terms of Trade, and the Real Exchange Rate: The Balassa-Samuelson Hypothesis Revisited
نویسندگان
چکیده
منابع مشابه
برآورد نرخ حقیقی ارز در کشورهای عمده صادرکننده نفت (2005-1970)
The purpose of this paper is to study the main determinants of the bilateral real exchange rates for major oil exporting countries vis-à-vis the US dollar. Taking into account the impact of the real oil prices on real exchange rates, it may be observed that oil prices play a significant part in determining the terms of trade. In addition to the real oil price, two other fundamental factors that...
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