Modern services, real exchange rate and economic growth
ABSTRACT This paper explores the effects of changes in the real exchange rate (RER) level on the performance of the modern services sector. The hypothesis is that sustaining a competitive RER contributes to improving the performance of modern services. To do so, we estimated econometric models based...
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| Format: | Article |
| Language: | English |
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Editora 34
2024-12-01
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| Series: | Brazilian Journal of Political Economy |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000100200&lng=en&tlng=en |
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| author | WALLACE MARCELINO PEREIRA FABRICIO J. MISSIO FREDERICO GONZAGA JAYME JR. |
| author_facet | WALLACE MARCELINO PEREIRA FABRICIO J. MISSIO FREDERICO GONZAGA JAYME JR. |
| author_sort | WALLACE MARCELINO PEREIRA |
| collection | DOAJ |
| description | ABSTRACT This paper explores the effects of changes in the real exchange rate (RER) level on the performance of the modern services sector. The hypothesis is that sustaining a competitive RER contributes to improving the performance of modern services. To do so, we estimated econometric models based on the Generalized Method of Moments (GMM) for a sample of 24 countries between 2000 and 2014. The results suggest that the RER positively affects the modern services sector in terms of output, employment, and a structural change index. |
| format | Article |
| id | doaj-art-aad4bba223a74d25b6e032f2f5e14ac2 |
| institution | Kabale University |
| issn | 1809-4538 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Editora 34 |
| record_format | Article |
| series | Brazilian Journal of Political Economy |
| spelling | doaj-art-aad4bba223a74d25b6e032f2f5e14ac22025-01-07T07:38:21ZengEditora 34Brazilian Journal of Political Economy1809-45382024-12-0145110.1590/0101-31572025-3562Modern services, real exchange rate and economic growthWALLACE MARCELINO PEREIRAhttps://orcid.org/0000-0003-1817-3332FABRICIO J. MISSIOhttps://orcid.org/0000-0003-4561-6039FREDERICO GONZAGA JAYME JR.https://orcid.org/0000-0002-4617-0107ABSTRACT This paper explores the effects of changes in the real exchange rate (RER) level on the performance of the modern services sector. The hypothesis is that sustaining a competitive RER contributes to improving the performance of modern services. To do so, we estimated econometric models based on the Generalized Method of Moments (GMM) for a sample of 24 countries between 2000 and 2014. The results suggest that the RER positively affects the modern services sector in terms of output, employment, and a structural change index.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000100200&lng=en&tlng=enEconomic growthreal exchange ratestructural changemodern services |
| spellingShingle | WALLACE MARCELINO PEREIRA FABRICIO J. MISSIO FREDERICO GONZAGA JAYME JR. Modern services, real exchange rate and economic growth Brazilian Journal of Political Economy Economic growth real exchange rate structural change modern services |
| title | Modern services, real exchange rate and economic growth |
| title_full | Modern services, real exchange rate and economic growth |
| title_fullStr | Modern services, real exchange rate and economic growth |
| title_full_unstemmed | Modern services, real exchange rate and economic growth |
| title_short | Modern services, real exchange rate and economic growth |
| title_sort | modern services real exchange rate and economic growth |
| topic | Economic growth real exchange rate structural change modern services |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000100200&lng=en&tlng=en |
| work_keys_str_mv | AT wallacemarcelinopereira modernservicesrealexchangerateandeconomicgrowth AT fabriciojmissio modernservicesrealexchangerateandeconomicgrowth AT fredericogonzagajaymejr modernservicesrealexchangerateandeconomicgrowth |