{"id":"https://openalex.org/W1977375702","doi":"https://doi.org/10.1111/j.1465-7295.1990.tb00801.x","title":"DOES EXCHANGE RATE APPRECIATION \u2018DEINDUSTRIALIZE\u2019 THE OPEN ECONOMY? A CRITIQUE OF U.S. EVIDENCE","display_name":"DOES EXCHANGE RATE APPRECIATION \u2018DEINDUSTRIALIZE\u2019 THE OPEN ECONOMY? A CRITIQUE OF U.S. EVIDENCE","publication_year":1990,"publication_date":"1990-01-01","ids":{"openalex":"https://openalex.org/W1977375702","doi":"https://doi.org/10.1111/j.1465-7295.1990.tb00801.x","mag":"1977375702"},"language":"en","primary_location":{"id":"doi:10.1111/j.1465-7295.1990.tb00801.x","doi":"https://doi.org/10.1111/j.1465-7295.1990.tb00801.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1465-7295.1990.tb00801.x","pdf_url":null,"source":{"id":"https://openalex.org/S206615888","display_name":"Economic Inquiry","issn_l":"0043-3640","issn":["0043-3640","0095-2583","1465-7295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Inquiry","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5023398111","display_name":"Reuven Glick","orcid":"https://orcid.org/0000-0003-3860-6596","observed_orcids":["https://orcid.org/0000-0003-3860-6596"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"REUVEN Glick","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5088196334","display_name":"Michael M. Hutchison","orcid":"https://orcid.org/0000-0003-4136-2211","observed_orcids":["https://orcid.org/0000-0003-4136-2211"]},"institutions":[{"id":"https://openalex.org/I185103710","display_name":"University of California, Santa Cruz","ror":"https://ror.org/03s65by71","country_code":"US","type":"education","lineage":["https://openalex.org/I185103710"]},{"id":"https://openalex.org/I189712700","display_name":"University of Konstanz","ror":"https://ror.org/0546hnb39","country_code":"DE","type":"education","lineage":["https://openalex.org/I189712700"]},{"id":"https://openalex.org/I19990318","display_name":"Federal Reserve Bank of San Francisco","ror":"https://ror.org/05p5xsx92","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I19990318"]}],"countries":["DE","US"],"is_corresponding":false,"raw_author_name":"MICHAEL Hutchison","raw_affiliation_strings":["*Senior Economist, Federal Reserve Bank of San Francisco, and Assistant Professor of Economics, University of California at Santa Cruz. We thank Roz Bennett, Cindy Beltz, and Kim Luce for research assistance. Helpful comments on earlier drafts by Sven Amdt, Tom Willett, Dick Sweeney, two anonymous referees, and participants at seminars at the University of Konstanz, the University of California at Santa Cruz, and Norges Bank are greatly appreciated. Support for this research from the Ford Foundation is gratefully acknowledged"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"*Senior Economist, Federal Reserve Bank of San Francisco, and Assistant Professor of Economics, University of California at Santa Cruz. We thank Roz Bennett, Cindy Beltz, and Kim Luce for research assistance. Helpful comments on earlier drafts by Sven Amdt, Tom Willett, Dick Sweeney, two anonymous referees, and participants at seminars at the University of Konstanz, the University of California at Santa Cruz, and Norges Bank are greatly appreciated. Support for this research from the Ford Foundation is gratefully acknowledged","institution_ids":["https://openalex.org/I185103710","https://openalex.org/I189712700","https://openalex.org/I19990318"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3400,"currency":"USD","value_usd":3400},"apc_paid":null,"fwci":1.2307,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.84269832,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":94},"biblio":{"volume":"28","issue":"1","first_page":"19","last_page":"37"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9189000129699707,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9189000129699707,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.03739999979734421,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.027699999511241913,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/currency-appreciation","display_name":"currency appreciation","score":0.9829999804496765},{"id":"https://openalex.org/keywords/deindustrialization","display_name":"deindustrialization","score":0.9079999923706055},{"id":"https://openalex.org/keywords/sectoral-composition-of-output","display_name":"sectoral composition of output","score":0.7820000052452087},{"id":"https://openalex.org/keywords/us-dollar-appreciation","display_name":"dollar appreciation","score":0.5960000157356262},{"id":"https://openalex.org/keywords/early-1980s","display_name":"early 1980s","score":0.8700000047683716},{"id":"https://openalex.org/keywords/fiscal-stimulus","display_name":"fiscal stimulus","score":0.8050000071525574},{"id":"https://openalex.org/keywords/exchange-rate-shocks","display_name":"exchange rate shocks","score":0.6790000200271606}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8789504766464233},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7094995379447937},{"id":"https://openalex.org/C109168655","wikidata":"https://www.wikidata.org/wiki/Q242988","display_name":"Liberian dollar","level":2,"score":0.6108064651489258},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.601428747177124},{"id":"https://openalex.org/C2779918689","wikidata":"https://www.wikidata.org/wiki/Q3771842","display_name":"Stimulus (psychology)","level":2,"score":0.5449598431587219},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.4807400703430176},{"id":"https://openalex.org/C2778135664","wikidata":"https://www.wikidata.org/wiki/Q1929451","display_name":"Open economy","level":3,"score":0.46622705459594727},{"id":"https://openalex.org/C2781300812","wikidata":"https://www.wikidata.org/wiki/Q178061","display_name":"Shock (circulatory)","level":2,"score":0.4294716715812683},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4136230945587158},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.0},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1465-7295.1990.tb00801.x","doi":"https://doi.org/10.1111/j.1465-7295.1990.tb00801.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1465-7295.1990.tb00801.x","pdf_url":null,"source":{"id":"https://openalex.org/S206615888","display_name":"Economic Inquiry","issn_l":"0043-3640","issn":["0043-3640","0095-2583","1465-7295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Inquiry","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.6452000141143799}],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.6700000166893005}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1486253757","https://openalex.org/W1491739429","https://openalex.org/W1540550243","https://openalex.org/W1562101470","https://openalex.org/W1579756864","https://openalex.org/W1586048130","https://openalex.org/W1595319907","https://openalex.org/W1971385228","https://openalex.org/W1975184114","https://openalex.org/W2043199728","https://openalex.org/W2057601709","https://openalex.org/W2064064151","https://openalex.org/W2071604127","https://openalex.org/W2084344659","https://openalex.org/W3122493692","https://openalex.org/W4245835084"],"related_works":["https://openalex.org/W2951608475","https://openalex.org/W2085276567","https://openalex.org/W3124303393","https://openalex.org/W1530106195","https://openalex.org/W4255088269","https://openalex.org/W1505141705","https://openalex.org/W1609118335","https://openalex.org/W3121930010","https://openalex.org/W3125704130","https://openalex.org/W1524218148"],"abstract_inverted_index":{"This":[0],"paper":[1],"takes":[2],"a":[3,21,45,102],"critical":[4],"look":[5],"at":[6],"the":[7,11,17,26,42,54,60,64,69,75,95],"conventional":[8],"view":[9],"that":[10,41,68],"dollar":[12,46],"exchange":[13,72,96],"rate":[14],"appreciation":[15,47],"during":[16],"early":[18],"1980s":[19],"caused":[20],"major":[22],"resource":[23],"shift":[24],"in":[25,53,94],"U.S.":[27],"economy":[28],"away":[29],"from":[30],"tradables":[31,106],"production,":[32],"such":[33],"as":[34],"manufactures,":[35],"toward":[36],"nontradables":[37],"production.":[38],"We":[39],"argue":[40],"association":[43,104],"of":[44,78,92,101],"with":[48],"relative":[49],"strength":[50],"or":[51],"weakness":[52],"tradable":[55],"goods":[56],"sector":[57],"depends":[58],"on":[59],"particular":[61],"shock":[62],"causing":[63],"appreciation,":[65],"and":[66,74,100,108],"consequently":[67],"relation":[70],"between":[71,105],"rates":[73],"sectoral":[76],"composition":[77],"output":[79,98,107],"is":[80],"unlikely":[81],"to":[82],"be":[83],"stable":[84],"over":[85],"time.":[86],"Our":[87],"empirical":[88],"analysis":[89],"finds":[90],"evidence":[91],"instability":[93],"rate\u2013sectoral":[97],"link":[99],"positive":[103],"fiscal":[109],"stimulus.":[110]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}
