Abstract
This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 per cent.
| Original language | English |
|---|---|
| Pages (from-to) | 1-6 |
| Journal | Economics Bulletin |
| Volume | 29 |
| Issue number | 4 |
| Publication status | Published - 2009 |