Alexandra V. Bozhechkova, Diana V. Petrova Real Exchange Rate and Competitiveness of National Economy

Alexandra V. Bozhechkova, Diana V. Petrova Real Exchange Rate and Competitiveness of National Economy // Scientific Research of Faculty of Economics. Electronic Journal. 2019. Volume 11. Issue 2. P. 90-104

Abstract

The article presents the results of empirical investigation devoted to assessing the degree of impact of real exchange rate on economic growth and the dynamics of total factor productivity for various groups of countries, including the CIS countries, countries exporting raw materials, developing countries targeting inflation, in the period 1990-2017 years, using the system generalized method of moments.

Key words: real exchange rate, economic growth, total factor productivity.

JEL codes: C23, F31, O47.