贸易援助与实际汇率

IF 1.3 Q3 ECONOMICS

International Trade Journal Pub Date : 2021-10-25 DOI:10.1080/08853908.2021.1989349

S. Gnangnon

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引用次数: 3

摘要

当前的分析通过将分配给贸易部门的发展援助(trade - aid - AfT)的实际汇率效应与其他援助流动的效应分离开来，有助于研究发展援助的实际汇率效应。实证研究结果表明，较高的发展援助流量导致受援国实际汇率贬值，而其他发展援助流量则导致实际汇率升值。总fdi流动的实际汇率效应通过贸易开放、出口产品多样化和外来直接投资存量发挥作用。

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Aid for Trade and the Real Exchange Rate

ABSTRACT The current analysis contributes to the literature on the real exchange rate effect of development aid by separating the real exchange rate effect of the development aid allocated to the trade sector (Aid for Trade – AfT) from the effect of other aid flows. The empirical findings show that higher AfT flows lead to a depreciation of the real exchange rate in recipient economies, while other development aid flows generate an appreciation of the real exchange rate. The real exchange rate effect of total AfT flows works through trade openness, export product diversification, and inward foreign direct investment stock.

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来源期刊

International Trade Journal Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.90

自引率

0.00%

发文量

期刊介绍： The International Trade Journal is a refereed interdisciplinary journal published for the enhancement of research in international trade. Its editorial objective is to provide a forum for the scholarly exchange of research findings in,and significant empirical, conceptual, or theoretical contributions to the field. The International Trade Journal welcomes contributions from researchers in academia as well as practitioners of international trade broadly defined.