English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 111316/142225 (78%)
Visitors : 48384165      Online Users : 710
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/54293


    Title: 匯率制度與經濟成長: APEC會員國之實證
    Exchange rate regimes and economic growth rates: empirical studies among APEC`s country members
    Authors: 高育幸
    Contributors: 林信助
    郭炳伸

    高育幸
    Keywords: 匯率制度
    經濟成長
    Date: 2011
    Issue Date: 2012-10-30 10:39:33 (UTC+8)
    Abstract: 本文主要研究各國匯率制度對經濟成長的影響。
    本文不採用官方所宣稱的匯率制度分類,
    而改採用較貼近市場真實狀況的匯率制度分類 (Reinhart and Rogoff, 2004), 選擇 APEC 會員國做為實證研究對象。 本文實證檢驗是否在已開發國家中, 具有彈性的匯率制度對經濟成長有正面影響, 以及是否在開發中國家有相同的結果; 並藉此驗證在現行制度中, 各國是否選擇了幫助經濟成長的匯率制度。 本研究發現, 關於 APEC 國家的實證中, 若以整體做為樣本, 則不具彈性的匯率制度是較佳的選擇。
    但若將 APEC 分成已開發國家與開發中國家, 則較具彈性的匯率制度適合已開發的國家, 而釘住的匯率制度適合開發中國家。
    This paper empirically investigates the effects of exchange rate regimes on economic growth rates, among APEC’s country members. The classification of de facto exchange rate regime in each country follows that of Reinhart and Rogoff (2004), instead of that by IMF, to reflect the reality. We find that for all APEC members, less flexible exchange rate regime appears to be a better choice for economic growth. However, if we divide APEC members by the degrees of economic development, it is evident that developed countries tend to display positive growth under more flexible exchange rate regime, and that developing countries show the tendency under pegged exchange rate one.
    Reference: 李怡萱 (2005), “東亞匯率制度”, 國際金融參考資料, 第五十一輯, 94–120。
    詹滿容、 江啟臣 (2002), “『APEC』 與 『WTO』 國際建制之分析與比較”, 亞太經濟合作評論, 第十
    期, 11–22。
    Arellano, M. and Bover, O. (1995), “Another look at the instrumental variable estimation of
    error-components models”, Journal of Econometrics, 68, 29–52.
    Bailliu, J. (2000), “Private capital flows, financial development, and economic growth in devel-
    oping countries”, Bank of Canada Working Paper, 2000–15.
    Bailliu, J., Lafrance, R., and Perrault, J.F. (2003), “Does exchange rate policy matter for
    growth?”, International Finance, 6, 381–414.
    Barlevy, G. (2004), “The cost of business cycles under endogenous growth”, American Economic
    Review, 94, 964–990.
    Barro, R. and Lee., J.W. (2001), “International data on educational attainment: Updates and
    implications”, Oxford Economic Papers, 53(3).
    Bernanke, B. and Blinder, A. S. (1992), “The federal funds rate and the channels of monetary
    transmission”, American Economic Review, 82, 901 921.
    Bubula, A. and Otker-Robe, I. (2002), “The evolution of exchange rate regimes since 1990:
    Evidence from de facto policies”, IMF Working Paper, No. 02/155.
    Calvo, G. A. and Reinhart, C. M. (2002), “Fear of floating”, The Quarterly Journal of Eco-
    nomics, 17, 379–408.
    Calvo, G. A. and Vegh, C. A. (1994), “Stabilization dynamics and backward-looking contracts”,
    Journal of Development Economics, 43, 59–84.
    De Vita, G. and Kyaw, K. S. (2011), “Dose the choice of exchange regime affect the economic
    growth of developing countries?”, Journal of Developing Areas, 6, 135–153.
    Friedman, M. (1953), “The methodology of positive economics”, Essays in Positive Economics.
    Ghosh, A., Gulde, A., and Ostry, J. (2002), “Exchange-rate regimes. choices and conse-
    quences.”, MIT Press, Cambridge, MA.
    Ghosh, A. R., Gulde, A. M., Ostry, J. D., and Wolf, H. C. (1997), “Does the nominal exchange
    rate regime matter?”, National Bureau of Economic Research Working Paper, W5874.
    Kneller, R. and Young, G. (2001), “Business cycle volatility, uncertainty and long-run growth”,
    The Manchester School, 69, 534–552.
    Levy Yeyati, E. and Sturzenegger, F. (1999), “Classifying exchange rate regimes”, Universidad
    Torcuato Di Tella, Buenos Aires.
    (2001), “Exchange rate regimes and economic performance”, IMF Staff Papers, 47,
    62–98.
    (2003), “To float or to trail: Evidence on the impact of exchange rate regimes”, Amer-
    ican Economic Review, 93, 4.
    Mundell, R. (1995), “Exchange rate systems and economic growth”, Rivista de Politica Eco-
    nomica, 85, 1–36.
    Nurkse, R. (1944), “International currency experience”, Geneva: League of Nations.
    Ramey, G. and Valerie, A. R. (1995), “Cross-country evidence of the link between volatility
    and growth”, American Economic Review, 85, 1138–51.
    Reinhart, C. and Rogoff, K. (2004), “The modern history of exchange rate arrangements: A
    reinterpretation”, Quarterly Journal of Economics, 19, 1–48.
    Description: 碩士
    國立政治大學
    國際經營與貿易研究所
    100351004
    100
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0100351004
    Data Type: thesis
    Appears in Collections:[國際經營與貿易學系 ] 學位論文

    Files in This Item:

    File SizeFormat
    100401.pdf791KbAdobe PDF2361View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback