Tesis doctoral de Rodrigo Costamagna
In this thesis it is examined the effects of the real exchange rate as an instrument of macroeconomic policy aimed at achieving higher indicators of competitiveness, and the effects on technology investment-decisions in the business sector. based on the usual practices of devaluations as a way to encourage economic development of countries, the motivation is to first analyze the effects of devaluations during long periods of time in the trade balance of less developed countries. From this analysis we expect to obtain evidence on the effects of a flexible exchange rate policy in the transables sectors. If the trade balance of goods deteriorates, we assume that the export portfolio of a country fails to reach higher levels of produced value-added. in this regard, we then try to determine the effect in microeconomic factors. For instance, it would be expected that, in certain conditions, a more depreciated currency should provoke lower incentives in the investment on technological breakthrough. finally, we are interested to study the effects of a higher (lower) inflation rates in research and development investments. In this section of the thesis, we try to figure out how this macroeconomic variable affects technological breakthroughs needed to achieve higher levels of competitiveness in countries. in sort, we analyze the relationship between competitive devaluation and the effects on decision-making in the business sector.
Datos académicos de la tesis doctoral «Essays on real exchange rate and competitiveness«
- Título de la tesis: Essays on real exchange rate and competitiveness
- Autor: Rodrigo Costamagna
- Universidad: Navarra
- Fecha de lectura de la tesis: 22/02/2013
Dirección y tribunal
- Director de la tesis
- Pedro Mendi GÁ¼emes
- Tribunal
- Presidente del tribunal: María juncal Cuñado eizaguirre
- óscar López de foronda pérez (vocal)
- pedro García del barrio (vocal)
- Rafael Moner colonques (vocal)
