Do exchange rate regimes contribute to export diversification in Africa? (notice n° 470651)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02043cam a2200277 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121054613.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Avom, Désiré |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Do exchange rate regimes contribute to export diversification in Africa? |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2021.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 47 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The choice of an exchange rate regime remains a pressing issue for contemporary economies, along with the question of what factors determine export diversification in developing countries. This article, therefore, examines the contribution of exchange rate regimes to the level of export diversification in African countries. Using de jure and de facto classifications, and a non-parametric econometric approach based on propensity score matching, we show that fixed exchange rate regimes are associated with lower diversification levels than intermediate or flexible regimes. This effect operates mainly through the extensive margin, since relatively slow price adjustments in fixed regimes dampen incentives to produce new goods. The results are even more clear when: (i) countries are better endowed with natural resources, (ii) the quality of institutions is lower, and (iii) countries belong to the Franc Zone. This article therefore highlights the importance of institutional quality in mitigating the adverse effects of fixed exchange rate regimes on incentives to produce new goods.JEL codes: C23, E42, F1, Q32. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | propensity score matching |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | exports diversification |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | exchange rate regime |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Africa |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | propensity score matching |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | exports diversification |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | exchange rate regime |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Africa |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Malah Kuété, Flora Yselle |
| Relator term | author |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Owoundi, Ferdinand |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d’économie du développement | 28 | 2 | 2021-08-18 | p. 31-67 | 1245-4060 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-du-developpement-2020-2-page-31?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-du-developpement-2020-2-page-31?lang=en&redirect-ssocas=7080</a> |
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