Munich Personal RePEc Archive

The effect of a collective exchange rate adjustment on East Asian exports

Rahman, Mizanur and Kalirajan, Kaliappa (2008): The effect of a collective exchange rate adjustment on East Asian exports.

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Abstract

This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 percent.

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