NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Global Value Chains and Effective Exchange Rates at the Country-Sector Level

Nikhil Patel, Zhi Wang, Shang-Jin Wei

NBER Working Paper No. 20236
Issued in June 2014, Revised in March 2019

---- Acknowledgments ----

We are grateful to George Alessandria, Pol Antras, Michael Devereux, Charles Engel, Enisse Kharroubi, Giovanni Lombardo, Stephanie Schmitt-Grohe, Hyun Song Shin, Christian Upper, Martin Uribe and our discussants Martin Berka, Beata Javorcik, Ayako Saiki and Giorgio Valente, as well as participants in various seminars and conferences for helpful comments and discussions. The views expressed here are those of the authors and do not necessarily correspond to those of the institutions they are affiliated with, nor those of the National Bureau of Economic Research.

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