{"id":"https://openalex.org/W2093804142","doi":"https://doi.org/10.1080/13547860.2012.640000","title":"The real exchange rate and the Balassa\u2013Samuelson hypothesis in SAARC countries: an appraisal","display_name":"The real exchange rate and the Balassa\u2013Samuelson hypothesis in SAARC countries: an appraisal","publication_year":2012,"publication_date":"2012-01-06","ids":{"openalex":"https://openalex.org/W2093804142","doi":"https://doi.org/10.1080/13547860.2012.640000","mag":"2093804142"},"language":"en","primary_location":{"id":"doi:10.1080/13547860.2012.640000","doi":"https://doi.org/10.1080/13547860.2012.640000","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13547860.2012.640000","pdf_url":null,"source":{"id":"https://openalex.org/S113509650","display_name":"Journal of the Asia Pacific Economy","issn_l":"1354-7860","issn":["1354-7860","1469-9648"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319847","host_organization_name":"Routledge","host_organization_lineage":["https://openalex.org/P4310319847","https://openalex.org/P4310320547"],"host_organization_lineage_names":["Routledge","Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Asia Pacific Economy","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/A5061586231","display_name":"Khorshed Chowdhury","orcid":"https://orcid.org/0000-0002-6591-2006","observed_orcids":["https://orcid.org/0000-0002-6591-2006"]},"institutions":[{"id":"https://openalex.org/I204824540","display_name":"University of Wollongong","ror":"https://ror.org/00jtmb277","country_code":"AU","type":"education","lineage":["https://openalex.org/I204824540"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Khorshed Chowdhury","raw_affiliation_strings":["School of Economics, University of Wollongong, Northfields Avenue, Wollongong, NSW, 2522, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics, University of Wollongong, Northfields Avenue, Wollongong, NSW, 2522, Australia","institution_ids":["https://openalex.org/I204824540"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5061586231"],"corresponding_institution_ids":["https://openalex.org/I204824540"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.27036091,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"17","issue":"1","first_page":"52","last_page":"73"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9648000001907349,"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":0.9648000001907349,"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":0.015300000086426735,"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"}},{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.004800000227987766,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"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/balassa-samuelson-effect","display_name":"Balassa-Samuelson effect","score":0.9490000009536743},{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":0.9380000233650208},{"id":"https://openalex.org/keywords/labor-productivity","display_name":"labor productivity","score":0.8930000066757202},{"id":"https://openalex.org/keywords/currency-appreciation","display_name":"currency appreciation","score":0.7919999957084656},{"id":"https://openalex.org/keywords/south-asia","display_name":"South Asia","score":0.578000009059906},{"id":"https://openalex.org/keywords/bangladesh","display_name":"Bangladesh","score":0.8870000243186951},{"id":"https://openalex.org/keywords/structural-breaks","display_name":"structural breaks","score":0.8600000143051147},{"id":"https://openalex.org/keywords/short-run-exchange-rate-dynamics","display_name":"short-run exchange rate dynamics","score":0.5270000100135803},{"id":"https://openalex.org/keywords/saarc-countries","display_name":"SAARC countries","score":0.4970000088214874}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.761809766292572},{"id":"https://openalex.org/C2778146401","wikidata":"https://www.wikidata.org/wiki/Q10916362","display_name":"Disequilibrium","level":2,"score":0.6858381032943726},{"id":"https://openalex.org/C204983608","wikidata":"https://www.wikidata.org/wiki/Q2111958","display_name":"Productivity","level":2,"score":0.6490960717201233},{"id":"https://openalex.org/C159009313","wikidata":"https://www.wikidata.org/wiki/Q5283159","display_name":"Distributed lag","level":2,"score":0.6316628456115723},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.5817094445228577},{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.5465559363365173},{"id":"https://openalex.org/C3017649214","wikidata":"https://www.wikidata.org/wiki/Q854","display_name":"Sri lanka","level":3,"score":0.5409790277481079},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4462939202785492},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.38265880942344666},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C118487528","wikidata":"https://www.wikidata.org/wiki/Q161437","display_name":"Ophthalmology","level":1,"score":0.0},{"id":"https://openalex.org/C45355965","wikidata":"https://www.wikidata.org/wiki/Q1643441","display_name":"Socioeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C2779357621","wikidata":"https://www.wikidata.org/wiki/Q655495","display_name":"Tanzania","level":2,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/13547860.2012.640000","doi":"https://doi.org/10.1080/13547860.2012.640000","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13547860.2012.640000","pdf_url":null,"source":{"id":"https://openalex.org/S113509650","display_name":"Journal of the Asia Pacific Economy","issn_l":"1354-7860","issn":["1354-7860","1469-9648"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319847","host_organization_name":"Routledge","host_organization_lineage":["https://openalex.org/P4310319847","https://openalex.org/P4310320547"],"host_organization_lineage_names":["Routledge","Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Asia Pacific Economy","raw_type":"journal-article"},{"id":"pmh:oai:ro.uow.edu.au:commpapers-3605","doi":null,"is_oa":false,"landing_page_url":"https://ro.uow.edu.au/commpapers/2556","pdf_url":null,"source":{"id":"https://openalex.org/S4306400510","display_name":"Research Online (University of Wollongong)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I204824540","host_organization_name":"University of Wollongong","host_organization_lineage":["https://openalex.org/I204824540"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Faculty of Commerce - Papers (Archive)","raw_type":"article"},{"id":"pmh:oai:RePEc:taf:rjapxx:v:17:y:2012:i:1:p:52-73","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/13547860.2012.640000","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.833299994468689}],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7400000095367432}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":77,"referenced_works":["https://openalex.org/W575712408","https://openalex.org/W1494033650","https://openalex.org/W1495340634","https://openalex.org/W1502173616","https://openalex.org/W1511569938","https://openalex.org/W1534798215","https://openalex.org/W1547068196","https://openalex.org/W1556350064","https://openalex.org/W1572767052","https://openalex.org/W1578762364","https://openalex.org/W1583688783","https://openalex.org/W1587141723","https://openalex.org/W1598969128","https://openalex.org/W1966910378","https://openalex.org/W1967962981","https://openalex.org/W1968350523","https://openalex.org/W1970852018","https://openalex.org/W1979099528","https://openalex.org/W1981183884","https://openalex.org/W1981534876","https://openalex.org/W1991675550","https://openalex.org/W1994045802","https://openalex.org/W2015208852","https://openalex.org/W2029247845","https://openalex.org/W2034707435","https://openalex.org/W2038532793","https://openalex.org/W2043198424","https://openalex.org/W2046567776","https://openalex.org/W2049752238","https://openalex.org/W2051077264","https://openalex.org/W2058075082","https://openalex.org/W2061381918","https://openalex.org/W2064659175","https://openalex.org/W2065747393","https://openalex.org/W2076287473","https://openalex.org/W2077623207","https://openalex.org/W2078955346","https://openalex.org/W2080577950","https://openalex.org/W2087964979","https://openalex.org/W2091330573","https://openalex.org/W2097580026","https://openalex.org/W2099342535","https://openalex.org/W2100930860","https://openalex.org/W2116388354","https://openalex.org/W2118525253","https://openalex.org/W2122929775","https://openalex.org/W2126322608","https://openalex.org/W2127212372","https://openalex.org/W2130302159","https://openalex.org/W2144848536","https://openalex.org/W2153873215","https://openalex.org/W2162752858","https://openalex.org/W2318251402","https://openalex.org/W2329495916","https://openalex.org/W2335559751","https://openalex.org/W2483975081","https://openalex.org/W2500062913","https://openalex.org/W2580989708","https://openalex.org/W2605350075","https://openalex.org/W2733898826","https://openalex.org/W2764668494","https://openalex.org/W2993456501","https://openalex.org/W3121863184","https://openalex.org/W3121933910","https://openalex.org/W3122272739","https://openalex.org/W3123051116","https://openalex.org/W3123724705","https://openalex.org/W3124474332","https://openalex.org/W3125816609","https://openalex.org/W3139838941","https://openalex.org/W3141830910","https://openalex.org/W3186381836","https://openalex.org/W4256464252","https://openalex.org/W4289259825","https://openalex.org/W4293098276","https://openalex.org/W4300437412","https://openalex.org/W4300778821"],"related_works":["https://openalex.org/W2618266959","https://openalex.org/W7098777008","https://openalex.org/W6990462078","https://openalex.org/W3121933910","https://openalex.org/W3096372910","https://openalex.org/W7045580584","https://openalex.org/W4300637944","https://openalex.org/W4283320452","https://openalex.org/W2030362763","https://openalex.org/W4319047683"],"abstract_inverted_index":{"This":[0],"paper":[1],"empirically":[2],"tests":[3],"the":[4,29,42,50,66,84,92,140,144],"Balassa\u2013Samuelson":[5],"(B-S)":[6],"productivity":[7,79],"bias":[8],"hypothesis":[9,52],"in":[10,53,77,80,91,118],"seven":[11],"South":[12],"Asian":[13],"countries.":[14],"We":[15,71],"use":[16],"auto":[17],"regressive":[18],"distributed":[19],"lag":[20],"(ARDL)":[21],"modelling":[22],"to":[23,83,88,106,128,139],"develop":[24],"a":[25,74],"dynamic":[26],"structure":[27],"of":[28,49,96,100],"B-S":[30,51,145],"hypothesis.":[31,146],"Using":[32],"annual":[33],"data":[34],"from":[35],"Penn":[36],"World":[37],"Table":[38],"Version":[39],"7.0":[40],"and":[41,62,65,131],"\u2018bounds":[43],"test\u2019,":[44],"we":[45],"found":[46,72,105,127],"no":[47],"evidence":[48],"six":[54],"sampled":[55],"countries":[56],"(Bhutan,":[57],"India,":[58],"Maldives,":[59],"Nepal,":[60],"Pakistan":[61],"Sri":[63],"Lanka)":[64],"only":[67],"exception":[68],"was":[69,104],"Bangladesh.":[70,97,119],"that":[73],"1%":[75],"increase":[76],"labour":[78],"Bangladesh":[81],"relative":[82],"US":[85],"will":[86],"lead":[87],"2.5%":[89],"appreciation":[90],"real":[93],"exchange":[94],"rate":[95],"The":[98,120],"speed":[99],"adjustment":[101],"towards":[102],"equilibrium":[103],"be":[107,129],"high,":[108],"with":[109],"short-run":[110],"disequilibrium":[111],"correcting":[112],"by":[113],"nearly":[114],"25%":[115],"per":[116],"annum":[117],"two":[121],"endogenously":[122],"determined":[123],"structural":[124],"breaks":[125],"are":[126],"negative":[130],"statistically":[132],"significant.":[133],"These":[134],"results":[135],"add":[136],"new":[137],"insights":[138],"time-series":[141],"literature":[142],"on":[143]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
