Alternative real exchange rates, competitiveness, and the trade balance

Cartmill, Paul. (1994). Alternative real exchange rates, competitiveness, and the trade balance Honours Thesis, School of Economics, The University of Queensland.

       
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Author Cartmill, Paul.
Thesis Title Alternative real exchange rates, competitiveness, and the trade balance
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1994
Thesis type Honours Thesis
Total pages 113
Language eng
Subjects 14 Economics
Formatted abstract This thesis searches for a relationship between the real trade balance and two alternative indices of competitiveness. Due to the absence of any recent known application of econometric evidence using Australian data, this thesis introduces the concept of cointegration into the study of real exchange rate effects· on trade balance adjustment.

Using the real effective exchange rate and a ratio of relative domestic prices as indices of competitiveness, it is found that both measures of the real exchange rate are not cointegrated with the balance of trade.

 
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Created: Mon, 29 Nov 2010, 12:22:36 EST by Muhammad Noman Ali on behalf of The University of Queensland Library