Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122559764> ?p ?o ?g. }
- W3122559764 abstract "This paper investigates whether large inflows of foreign aid and remittances have had a damaging impact on the Ethiopian real exchange rate (RER). We improve the current empirical literature by: (i) compiling a unique quarterly dataset to provide a larger sample size and enable the modelling of important intra-year dynamics - which should lead to better model specifications; (ii) providing a new empirical approach (Unobserved Components) to test the 'Dutch disease' hypothesis; and (iii) using several cointegration approaches to further test the robustness of our conclusions. Our results suggest that there are two main long-run determinants of the RER in Ethiopia: trade openness is found to be correlated with RER depreciations, while a positive shock to the terms of trade tends to appreciate the RER. Foreign aid is not found to have a statistically significant impact, while there is only weak evidence that remittances are associated with RER appreciations. The lack of empirical support for the Dutch disease hypothesis suggests that Ethiopia has been able to effectively manage large capital inflows, thus avoiding major episodes of macroeconomic instability. We believe that most African countries will therefore be able to absorb large inflows of foreign capital without damaging their external competitiveness." @default.
- W3122559764 created "2021-02-01" @default.
- W3122559764 creator A5081334947 @default.
- W3122559764 date "2011-11-04" @default.
- W3122559764 modified "2023-09-27" @default.
- W3122559764 title "Do large capital inflows hinder competitiveness? The Dutch disease in Ethiopia" @default.
- W3122559764 hasPublicationYear "2011" @default.
- W3122559764 type Work @default.
- W3122559764 sameAs 3122559764 @default.
- W3122559764 citedByCount "0" @default.
- W3122559764 crossrefType "posted-content" @default.
- W3122559764 hasAuthorship W3122559764A5081334947 @default.
- W3122559764 hasConcept C104317684 @default.
- W3122559764 hasConcept C111472728 @default.
- W3122559764 hasConcept C120936955 @default.
- W3122559764 hasConcept C126322002 @default.
- W3122559764 hasConcept C138885662 @default.
- W3122559764 hasConcept C139719470 @default.
- W3122559764 hasConcept C145162277 @default.
- W3122559764 hasConcept C149782125 @default.
- W3122559764 hasConcept C15744967 @default.
- W3122559764 hasConcept C162324750 @default.
- W3122559764 hasConcept C166052673 @default.
- W3122559764 hasConcept C166957645 @default.
- W3122559764 hasConcept C175444787 @default.
- W3122559764 hasConcept C181622380 @default.
- W3122559764 hasConcept C18547055 @default.
- W3122559764 hasConcept C185592680 @default.
- W3122559764 hasConcept C198531522 @default.
- W3122559764 hasConcept C205649164 @default.
- W3122559764 hasConcept C2776988154 @default.
- W3122559764 hasConcept C2781300812 @default.
- W3122559764 hasConcept C2991741723 @default.
- W3122559764 hasConcept C43617362 @default.
- W3122559764 hasConcept C52092804 @default.
- W3122559764 hasConcept C55493867 @default.
- W3122559764 hasConcept C556758197 @default.
- W3122559764 hasConcept C63479239 @default.
- W3122559764 hasConcept C71924100 @default.
- W3122559764 hasConcept C77805123 @default.
- W3122559764 hasConcept C79355281 @default.
- W3122559764 hasConcept C83646750 @default.
- W3122559764 hasConcept C84976871 @default.
- W3122559764 hasConceptScore W3122559764C104317684 @default.
- W3122559764 hasConceptScore W3122559764C111472728 @default.
- W3122559764 hasConceptScore W3122559764C120936955 @default.
- W3122559764 hasConceptScore W3122559764C126322002 @default.
- W3122559764 hasConceptScore W3122559764C138885662 @default.
- W3122559764 hasConceptScore W3122559764C139719470 @default.
- W3122559764 hasConceptScore W3122559764C145162277 @default.
- W3122559764 hasConceptScore W3122559764C149782125 @default.
- W3122559764 hasConceptScore W3122559764C15744967 @default.
- W3122559764 hasConceptScore W3122559764C162324750 @default.
- W3122559764 hasConceptScore W3122559764C166052673 @default.
- W3122559764 hasConceptScore W3122559764C166957645 @default.
- W3122559764 hasConceptScore W3122559764C175444787 @default.
- W3122559764 hasConceptScore W3122559764C181622380 @default.
- W3122559764 hasConceptScore W3122559764C18547055 @default.
- W3122559764 hasConceptScore W3122559764C185592680 @default.
- W3122559764 hasConceptScore W3122559764C198531522 @default.
- W3122559764 hasConceptScore W3122559764C205649164 @default.
- W3122559764 hasConceptScore W3122559764C2776988154 @default.
- W3122559764 hasConceptScore W3122559764C2781300812 @default.
- W3122559764 hasConceptScore W3122559764C2991741723 @default.
- W3122559764 hasConceptScore W3122559764C43617362 @default.
- W3122559764 hasConceptScore W3122559764C52092804 @default.
- W3122559764 hasConceptScore W3122559764C55493867 @default.
- W3122559764 hasConceptScore W3122559764C556758197 @default.
- W3122559764 hasConceptScore W3122559764C63479239 @default.
- W3122559764 hasConceptScore W3122559764C71924100 @default.
- W3122559764 hasConceptScore W3122559764C77805123 @default.
- W3122559764 hasConceptScore W3122559764C79355281 @default.
- W3122559764 hasConceptScore W3122559764C83646750 @default.
- W3122559764 hasConceptScore W3122559764C84976871 @default.
- W3122559764 hasLocation W31225597641 @default.
- W3122559764 hasOpenAccess W3122559764 @default.
- W3122559764 hasPrimaryLocation W31225597641 @default.
- W3122559764 hasRelatedWork W1555404881 @default.
- W3122559764 hasRelatedWork W185727726 @default.
- W3122559764 hasRelatedWork W1915275229 @default.
- W3122559764 hasRelatedWork W2111623174 @default.
- W3122559764 hasRelatedWork W2117198109 @default.
- W3122559764 hasRelatedWork W2466592131 @default.
- W3122559764 hasRelatedWork W2507259881 @default.
- W3122559764 hasRelatedWork W2592943523 @default.
- W3122559764 hasRelatedWork W2902961445 @default.
- W3122559764 hasRelatedWork W2973014821 @default.
- W3122559764 hasRelatedWork W2985898605 @default.
- W3122559764 hasRelatedWork W2987049448 @default.
- W3122559764 hasRelatedWork W2997693526 @default.
- W3122559764 hasRelatedWork W3092410523 @default.
- W3122559764 hasRelatedWork W3125590619 @default.
- W3122559764 hasRelatedWork W3126099723 @default.
- W3122559764 hasRelatedWork W3149888688 @default.
- W3122559764 hasRelatedWork W3157001069 @default.
- W3122559764 hasRelatedWork W3170316966 @default.
- W3122559764 hasRelatedWork W2189045928 @default.
- W3122559764 isParatext "false" @default.
- W3122559764 isRetracted "false" @default.
- W3122559764 magId "3122559764" @default.