Economic freedom, real exchange rates and economic growth in emerging markets and developing countries

• Main Authors: Mohd Ali, Ly Slesman @ Sulaiman, Niaz Ahmad, Mohd Naseem, Aldomi, Ra'ed Fuad Mahmoud
• Format: Article
• Language: English
• Published: Faculty of Economics and Management, Universiti Putra Malaysia 2017
• Online Access: http://psasir.upm.edu.my/id/eprint/65355/1/%285%29%20IJEM%20%28S3%29%202017%20R2%20ECONOMIC%20FREEDOM%2C%20REAL%20EXCHANGE%20RATES%20AND%20ECONOMIC%20GROWTH%20IN%20EMERGING%20MARKETS%20AND%20DEVELOPING%20COUNTRIES.pdf; http://psasir.upm.edu.my/id/eprint/65355/; http://www.ijem.upm.edu.my/vol11noS3/(5)%20IJEM%20(S3)%202017%20R2%20ECONOMIC%20FREEDOM,%20REAL%20EXCHANGE%20RATES%20AND%20ECONOMIC%20GROWTH%20IN%20EMERGING%20MARKETS%20AND%20DEVELOPING%20COUNTRIES.pdf
• Institution: Universiti Putra Malaysia

This paper examines the contingency effects of economic freedom on the growth effect of the exchange rate in a panel of 83 emerging markets and developing countries over the period 1976-2010. Based on the generalized method of moments system estimators (SGMM) that control for the weakness and prolif...