Determinants of Firm Profitability in Colombia's Manufacturing Sector : Exchange Rate or Structural? »
Series: IMF Working Papers
Author(s): Naomi Griffin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 04 May 2015
Keywords: Real exchange rate, structural changes, exchange rate, imports, demand, real effective exchange rate, Firm Performance: Size, Diversification, and Scope, General,
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 ef...