This paper examines the impact of exchange rate devaluation in an open island economy. By taking account of the non-stationarity of the variables, and identifying the consequent cointegrating relation, the long-run and short-run impacts are identiยฎed. The results suggest a signiยฎcant and negative lo
โฆ LIBER โฆ
Literature and L2 Composition: Revisiting the Debate
โ Scribed by Diane Belcher; Alan Hirvela
- Book ID
- 114345227
- Publisher
- Elsevier Science
- Year
- 2000
- Tongue
- English
- Weight
- 134 KB
- Volume
- 9
- Category
- Article
- ISSN
- 1060-3743
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## Abstract The recent empirical growth literature has proposed three underlying fundamental determinants of economic growth, namely, physical geography, economic integration and institutional quality. This paper unpacks the final determinant into both politicalโeconomic institutions as well as the