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https://ir.library.oregonstate.edu/concern/undergraduate_thesis_or_projects/zg64tn978

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  • The presentation slides are from a conference in Vancouver, WA on May 5, 2016.
  • This paper analyzes the implementation of the World Trade Organization’s Uruguay Round policy package and its influence on the US Dollar to Chinese Yuan exchange rate parity. The Farrell Measure of Productive Efficiency associated with the change in the exchange rate parity between time periods before and after implementation provides a method with which to measure the effect. The resulting figures indicate a stabilization of the parity after implementation correlating with the policy change from a floating to a pegged exchange rate. This prompted the hypothesis that the Farrell Measure of Productive Efficiency could have a potential use as a measure of volatility. Further exploration through an additional parity case study offers supplementary support for its potential utilization. Key Words: Data Envelopment Analysis (DEA), Farrell Measure of Productive Efficiency, volatility, floating exchange rate, pegged exchange rate
  • Keywords: pegged exchange rate, volatility, floating exchange rate, Data Envelopment Analysis (DEA), Farrell Measure of Productive, Efficiency
  • Keywords: pegged exchange rate, volatility, floating exchange rate, Data Envelopment Analysis (DEA), Farrell Measure of Productive, Efficiency
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