Fang, Wen-Shwo; Chang, Tsang-Yao; Lai, YiHao - In: Journal of Economics and Management 3 (2007) 1, pp. 67-96
rate risk. Depreciation and export revenue are positively related, as expected, for eight countries, but its contribution … to export growth is weak. Exchange rate risk affects export revenue negatively or positively in sample countries except … Korea. It contributes positively to export growth in Malaysia and the Philippines, leading to positive net effects. The risk …