The Effects of Currency Crises on Economic Growth: A Dynamic Panel Data Analysis

A. Hamida, Tarek Sadraoui
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Abstract

The purpose of this research is to study the effect of currency crises on economic growth. To do this, we opted for a dynamic panel data model and impulse response functions for a sample of seventeen emerging countries over a period from 1980 to 2014. The main results of the various empirical investigations show that there is a Negative effect of currency crises on short-term economic growth.
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货币危机对经济增长的影响:一个动态面板数据分析
本研究的目的是研究货币危机对经济增长的影响。为此,我们选择了动态面板数据模型和脉冲响应函数,用于17个新兴国家1980年至2014年的样本。各种实证研究的主要结果表明,货币危机对短期经济增长存在负向影响。
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