How Long to Read Global Value Chains and the Exchange Rate Elasticity of Exports

How Long Does it Take to Read Global Value Chains and the Exchange Rate Elasticity of Exports?

It takes the average reader and 28 minutes to read Global Value Chains and the Exchange Rate Elasticity of Exports by Swarnali Ahmed

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real Effective Exchange Rate (REER) has decreased over time. We then examine whether the formation of supply chains has affected this elasticity using different measures of GVC integration. Intuitively, as countries are more integrated in global production processes, a currency depreciation only improves competitiveness of a fraction of the value of final good exports. In line with this intuition, we find evidence that GVC participation reduces the REER elasticity of manufacturing exports by 22 percent, on average.

How long is Global Value Chains and the Exchange Rate Elasticity of Exports?

Global Value Chains and the Exchange Rate Elasticity of Exports by Swarnali Ahmed is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Global Value Chains and the Exchange Rate Elasticity of Exports Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Global Value Chains and the Exchange Rate Elasticity of Exports aloud.

What Reading Level is Global Value Chains and the Exchange Rate Elasticity of Exports?

Global Value Chains and the Exchange Rate Elasticity of Exports is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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