Disaggregated Spending and the Productivity Bias Hypothesis

According to the productivity bias hypothesis countries have a tendency for real appreciation in their domestic currency as a result of a productivity shock and the tendency is more pronounced in the non-tradable sectors. Balassa (1964) examines this thesis for 12 OECD countries in a cross section f...

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Veröffentlicht in:	The Journal of developing areas 2008-04, Vol.41 (2), p.79-90
Hauptverfasser:	Goswami, Gour Gobinda, Rahman, A. K. M. Atiqur
Format:	Artikel
Sprache:	eng
Schlagworte:	Aggregate spending Appreciation Aten group Bias Consumption Developing countries Development studies Domestic market Economic models Foreign exchange rates Government spending Hypotheses Hypothesis testing International economics Investment spending OECD Panel data Per capita income Price levels Productivity Public investments Purchasing power parity Real exchange rates Regression analysis Studies Time series Trade restrictions Validity Wages & salaries
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