Global Value Chains and the Exchange Rate Elasticity of Exports /
This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real Effe...
Washington, D.C. :
International Monetary Fund,
|Series:||IMF Working Papers; Working Paper ;
no. 15/252. |
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