Lybrary.com: ebooks and download videos Search All  Title  Author 
Home / Nonfiction / Business & Economics / Money & Monetary Policy

Determinants of Firm Profitability in Colombia's Manufacturing Sector:Exchange Rate or Structural?

$9.00
| £7.53 | €8.63 | Ca$12.07 | Au$12.25
by Naomi Griffin
What is this?DRM-EPUB | by download   add to wish list
Determinants of Firm Profitability in Colombia's Manufacturing Sector:Exchange Rate or Structural? by Naomi Griffin

The appreciation of the real exchange rate over the past several years is considered one of the key drivers behind the weak performance of Colombia’s manufacturing sector in recent years. This paper examines the effects of the real exchange rate, external and domestic demand, and structural changes on firms’ profitability in Colombia’s manufacturing sector between 2000 and 2012. While export intensive companies have suffered lower profit growth with real exchange rate appreciation,we find no strong evidence that real appreciation has, on average, negatively affected the profitability of manufacturing firms; on the contrary, we find that real appreciation may have increased firms’ profitability by reducing the cost of imported inputs as Colombian manufacturing firms become more domestically oriented. At the same time, some structural changes (related to trade disruption with Venezuela and increased trade competition from China) seem to partially explain the weakness of the manufacturing sector since 2008.

To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.


SHARE  Share by Email  Share on Facebook  Share on Twitter  Share on Linked In  Share on Delicious
or call in the US toll free 1-888-866-9150 product ID: 745018

Ebook Details
Pages: 26
Size: 3.1 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2015
ISBN: 9781475518566 (DRM-EPUB)

DRM Settings
Copying:not allowed
Printing:not allowed
Read Aloud:  not allowed

This product is listed in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Money & Monetary Policy

This author has products in the following categories:

Nonfiction > Juvenile Nonfiction > Biography & Autobiography
Nonfiction > Business & Economics
Nonfiction > Business & Economics > Money & Monetary Policy

If you find anything wrong with this product listing, perhaps the description is wrong, the author is incorrect, or it is listed in the wrong category, then please contact us. We will promptly address your feedback.

01/19/2017
© 2017 Lybrary.com