Structural real exchange rate and unemployment interdependencies in Argentina

Autores
Pentecost, Eric J.; Zarzosa Valdivia, Fernando
Año de publicación
2014
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Fil: Pentecost, Eric J. Loughborough University; Reino Unido.
Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Based on a three-sector micro-founded model of a small open economy, this paper investigates the interdependences between the structural real exchange rate (defi ned as the relative prices tradable to non-tradable goods prices) and the unemployment rate with an application to Argentina. The empirical results suggest a signifi cant, negative relationship between the structural real exchange rate and the rate of unemployment, suggesting that an appreciating real exchange rate may lead to Dutch disease effects – which effectively contract the size of the manufacturing sector – and damage long-term growth and employment opportunities.
https://revistas.unc.edu.ar/index.php/REyE
publishedVersion
Fil: Pentecost, Eric J. Loughborough University; Reino Unido.
Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Economía, Econometría
Materia
Structural real exchange rate
Unemployment rate
Factor productivity
Capital endowments
Terms of trade
Nivel de accesibilidad
acceso abierto
Condiciones de uso
Repositorio
Repositorio Digital Universitario (UNC)
Institución
Universidad Nacional de Córdoba
OAI Identificador
oai:rdu.unc.edu.ar:11086/27347

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oai_identifier_str oai:rdu.unc.edu.ar:11086/27347
network_acronym_str RDUUNC
repository_id_str 2572
network_name_str Repositorio Digital Universitario (UNC)
spelling Structural real exchange rate and unemployment interdependencies in ArgentinaPentecost, Eric J.Zarzosa Valdivia, FernandoStructural real exchange rateUnemployment rateFactor productivityCapital endowmentsTerms of tradeFil: Pentecost, Eric J. Loughborough University; Reino Unido.Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Based on a three-sector micro-founded model of a small open economy, this paper investigates the interdependences between the structural real exchange rate (defi ned as the relative prices tradable to non-tradable goods prices) and the unemployment rate with an application to Argentina. The empirical results suggest a signifi cant, negative relationship between the structural real exchange rate and the rate of unemployment, suggesting that an appreciating real exchange rate may lead to Dutch disease effects – which effectively contract the size of the manufacturing sector – and damage long-term growth and employment opportunities.https://revistas.unc.edu.ar/index.php/REyEpublishedVersionFil: Pentecost, Eric J. Loughborough University; Reino Unido.Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Economía, Econometría2014info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdf0034-8066http://hdl.handle.net/11086/273472451-7321enginfo:eu-repo/semantics/openAccessreponame:Repositorio Digital Universitario (UNC)instname:Universidad Nacional de Córdobainstacron:UNC2025-09-29T13:41:32Zoai:rdu.unc.edu.ar:11086/27347Institucionalhttps://rdu.unc.edu.ar/Universidad públicaNo correspondehttp://rdu.unc.edu.ar/oai/snrdoca.unc@gmail.comArgentinaNo correspondeNo correspondeNo correspondeopendoar:25722025-09-29 13:41:32.953Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdobafalse
dc.title.none.fl_str_mv Structural real exchange rate and unemployment interdependencies in Argentina
title Structural real exchange rate and unemployment interdependencies in Argentina
spellingShingle Structural real exchange rate and unemployment interdependencies in Argentina
Pentecost, Eric J.
Structural real exchange rate
Unemployment rate
Factor productivity
Capital endowments
Terms of trade
title_short Structural real exchange rate and unemployment interdependencies in Argentina
title_full Structural real exchange rate and unemployment interdependencies in Argentina
title_fullStr Structural real exchange rate and unemployment interdependencies in Argentina
title_full_unstemmed Structural real exchange rate and unemployment interdependencies in Argentina
title_sort Structural real exchange rate and unemployment interdependencies in Argentina
dc.creator.none.fl_str_mv Pentecost, Eric J.
Zarzosa Valdivia, Fernando
author Pentecost, Eric J.
author_facet Pentecost, Eric J.
Zarzosa Valdivia, Fernando
author_role author
author2 Zarzosa Valdivia, Fernando
author2_role author
dc.subject.none.fl_str_mv Structural real exchange rate
Unemployment rate
Factor productivity
Capital endowments
Terms of trade
topic Structural real exchange rate
Unemployment rate
Factor productivity
Capital endowments
Terms of trade
dc.description.none.fl_txt_mv Fil: Pentecost, Eric J. Loughborough University; Reino Unido.
Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Based on a three-sector micro-founded model of a small open economy, this paper investigates the interdependences between the structural real exchange rate (defi ned as the relative prices tradable to non-tradable goods prices) and the unemployment rate with an application to Argentina. The empirical results suggest a signifi cant, negative relationship between the structural real exchange rate and the rate of unemployment, suggesting that an appreciating real exchange rate may lead to Dutch disease effects – which effectively contract the size of the manufacturing sector – and damage long-term growth and employment opportunities.
https://revistas.unc.edu.ar/index.php/REyE
publishedVersion
Fil: Pentecost, Eric J. Loughborough University; Reino Unido.
Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Economía, Econometría
description Fil: Pentecost, Eric J. Loughborough University; Reino Unido.
publishDate 2014
dc.date.none.fl_str_mv 2014
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv 0034-8066
http://hdl.handle.net/11086/27347
2451-7321
identifier_str_mv 0034-8066
2451-7321
url http://hdl.handle.net/11086/27347
dc.language.none.fl_str_mv eng
language eng
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eu_rights_str_mv openAccess
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instname_str Universidad Nacional de Córdoba
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institution UNC
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