Government expenditure, real exchange rate and the ‘decline’ of the manufacturing sector

作者: Alessandro Penati

DOI: 10.1016/0165-1765(86)90205-3

关键词:

摘要: Abstract I show that the increase in government expenditure European countries during 1970s raise relative price of non-traded goods. This movement may explain why share manufacturing private sector value added declined those countries.

参考文章(7)
David A Hsieh, None, The determination of the real exchange rate: The productivity approach Journal of International Economics. ,vol. 12, pp. 355- 362 ,(1982) , 10.1016/0022-1996(82)90045-9
Rudiger Dornbusch, Joan Robinson, Charles Bickerdike, Exchange Rates and Fiscal Policy in a Popular Model of International Trade The American Economic Review. ,vol. 65, pp. 859- 871 ,(2016)
Elhanan Helpman, Macroeconomic Policy in a Model of International Trade with a Wage Restriction International Economic Review. ,vol. 17, pp. 262- 277 ,(1976) , 10.2307/2525701
James G MacKinnon, Halbert White, Some heteroskedasticity-consistent covariance matrix estimators with improved finite sample properties☆ Journal of Econometrics. ,vol. 29, pp. 305- 325 ,(1985) , 10.1016/0304-4076(85)90158-7
MICHAEL ADLER, BRUCE LEHMANN, Deviations from Purchasing Power Parity in the Long Run Journal of Finance. ,vol. 38, pp. 1471- 1487 ,(1983) , 10.1111/J.1540-6261.1983.TB03835.X
Neil Bruce, Douglas D. Purvis, The specification and influence of goods and factor markets in open-economy macroeconomic models Research Papers in Economics. ,vol. 2, pp. 807- 857 ,(1985)