期刊名称：Zagreb International Review of Economics and Business
印刷版ISSN：1331-5609
出版年度：2017
卷号：20
期号：2
页码：33-48
DOI：10.1515/zireb-2017-0016
语种：English
出版社：Ekonomski fakultet Sveučilišta u Zagrebu
摘要：In this paper, we investigate whether the differences in the current account balance and export performances for a new EU countries are a result of exchange rate policies. The analysis shows that countries with a flexible exchange rate have better export performances and the current account balance in the pre-crisis period. The obtained results show that movements in the current account balance are mainly driven by domestic variables. In the countries with a flexible exchange rate, real and nominal depreciation affects export positively although the magnitude of these effects is tiny and limited to the crisis period. These results point to a higher significance of non-price competitiveness on export which should be a future research topic.
