Anything relate to economic Research Proposal Example | Topics and Well Written Essays - 500 words

Anything relate to economic - Research Proposal ExampleTherefore, it has bring about very important for researchers and policy makers to evaluate whether economies relying on currency devaluation to improve their take, have the potential to achieve long term benefits or they are compromise on their long term benefits to achieve short term gains.A huge literature work has been done to study the impact of currency devaluation and disparagement on output growth of economies. Various economic models such as Keynesian model argue that devaluation of currency has an expansionary impact on domestic output (Lai & Chang, 1989). This traditional view has been disproved by various researchers. Research study of Abdel-Haleim (2008) in Egyptian showed that devaluation has an initial contractionary effect on output however this effect lasts for intravenous feeding years after which expected positive impact of devaluation starts to become significant. The impact of currency devaluation may also vary from economy to economy as gear up by the research of Kalyoncu and his co-researchers. Kalyoncu, Artan, Tezekici, & Ozturk (2008) found that currency devluation has a signitficant impact on output in nine out of 23 countries and out of nine, in half-dozen countries, depreciation reduces the output growth whereas, in three countries it improves the output growth. Upadhyaya in 1988 found that currency devaluation has a neutral effect on output take aim in the long run and Upadhyaya and Upadhyay in 1999 found that currency devaluation does not have any impact on output in six Asiatic countries (Upadhyaya, Rainish, & Phelan, 2009). Therefore, this research study has been proposed to reach a conclusion based on empirical study.Where, Y is the dependent inconstant and in this research study, dependent variable is real GDP and x is independent variable, which is real exchange enjoin. The alphabet a represents intercept and b represents the slope. The secondary data of real exch ange rate and real GDP of ten countries will be collected from electronic