Bleaney, Michael; Tian, Mo - In: Open Economies Review 25 (2014) 4, pp. 655-675
This study assesses the response of the trade balance to exchange rate fluctuations across a large number of countries. Fixed-effects regressions are estimated for three country groups (industrial, developing and emerging markets) on annual data for 87 countries from 1994 to 2010. The trade...