Economic Recovery from Currency Crises in Developing Countries
사회과학 > 정치/외교학
( Seung Nyeon Kim )
Asia-Pacific Journal of EU Studies 2008년, 제6권 제1호, 15~40쪽(총26쪽)
32300353.pdf [무료 PDF 뷰어 다운로드]
  • ※ 본 자료는 참고용 논문으로 수정 및 텍스트 복사가 되지 않습니다.
  • 구매가격
    168원 (구매자료 3% 적립)
    이메일 발송  스크랩 하기
    자료 다운로드  네이버 로그인
    This paper investigates output recovery from 134 episodes of currency crisis in 78 developing countries between 1975 and 1996. I examine which variables help to explain output recovery after such crises. The measure of output recovery is the real GDP growth rate as a deviation from its trend in the year following a currency crisis. A fixed effects panel regression model is estimated. The regression results indicate that investment, inflation, and short-term foreign debt before the crisis have negative effects on output recovery. Among the post-crisis variables, real money growth, real exchange depreciation, and exports contribute to fast recovery, but banking crisis and political instability have negative impacts on output recovery.
    사업자등록번호 220-87-87785 대표.신현웅 주소.서울시 서초구 방배로10길 18, 402호 대표전화.070-8809-9397
    개인정보책임자.박정아 통신판매업신고번호 제2017-서울서초-1765호 이메일
    copyright (c) 2009 happynlife. steel All reserved.