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頁籤選單縮合
題 名 | 驗證亞洲國家貨幣貶值效果=Currency Devaluation and Output Growth in Asia |
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作 者 | 黃淑卿; 許昭民; 康銘顯; | 書刊名 | 經濟與管理論叢 |
卷 期 | 6:1 2010.01[民99.01] |
頁 次 | 頁113-131 |
分類號 | 561.18 |
關鍵詞 | 貶值緊縮效果; 追蹤資料異質共整合檢定; 全修正普通最小平方法; 動態普通最小平方法; Contractionary devaluations; Heterogeneous panel; Full modified OLS; Dynamic OLS; |
語 文 | 中文(Chinese) |
英文摘要 | According to the traditional theory, it is expected that depreciation in domestic currency generally decreases the relative price of domestically produced goods and thereby stimulates demand for domestic export. Hence, currency depreciation can be expected to have expansionary effects on real output in Asia. But there is now enough studies evidence that currency devaluation can lead to lower rates of economic growth. So this study use more rigorous empirical model and econometric methodology examines the effect of currency devaluation on output expansion in Asian countries. The empirical results finds it depreciation exerts a positive impact on output growth in Asian countries. |
本系統中英文摘要資訊取自各篇刊載內容。