Sosvilla Rivero, Simón JavierRamos-Herrera, María del Carmen2023-06-192023-06-1920141350-485110.1080/13504851.2014.894625https://hdl.handle.net/20.500.14352/34695Based on a dataset of 123 economies, this paper empirically investigates the relation between exchange-rate regimes and economic growth. We find that growth performance is best under intermediate exchange rate regimes, while the smallest growth rates are associated with flexible exchange rates. Nevertheless, this conclusion is tempered when we analyze the countries by income level: even though countries that adopt intermediate exchange-rate regimes are characterized by higher economic growth, the higher the level of income, less difference in growth performance across exchange rate regimes.engjournal articlehttp://www.tandfonline.com/loi/rael20#.VW3gF8_tmkpopen accessE42F31Exchange rate regimeEconomic growthDesarrollo económicoEconometría (Economía)Economía internacional5307.03 Modelos y Teorías del desarrollo Económico5307.04 Estudios del desarrollo Económico5302 Econometría5310 Economía Internacional