Article ID Journal Published Year Pages File Type
5062484 Economics Letters 2007 8 Pages PDF
Abstract

This paper studies the impact of a rise in the world price of imported raw materials (oil) on the small open economy exchange rate. We obtain a depreciation which magnitude depends on the share and substitutability in the productive structure.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Raw materials world price changes and exchange rates in a small open economy
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