L - Industrial Organization - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T20:00:21+00:00Exchange Rate Fluctuations, Plant Turnover and Productivity
https://www.bankofcanada.ca/2010/07/working-paper-2010-18/
In a small open economy fluctuations in the real exchange rate can affect plant turnover, and thus aggregate productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level of competition in the domestic market as import competition intensifies and export opportunities shrink, forcing less productive plants from the market and compelling new entrants to be more competitive than they otherwise would have been.2010-07-16T12:00:46+00:00enExchange Rate Fluctuations, Plant Turnover and Productivity2010-07-16Exchange ratesMarket structure and pricingProductivityWorking Paper 2010-18https://www.bankofcanada.ca/wp-content/uploads/2010/08/wp10-18.pdfExchange Rate Fluctuations, Plant Turnover and ProductivityBen TomlinJuly 2010DD2D21D24LL1L11