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) procedure was employed to investigate the impact volatility in the exchange rate market has on foreign trade in both long- and … short-term with data between 1980 and 2020. To compute volatility, it relied on the GARCH (1, 1) model which predicted the … conditional variances as proxy for volatility. Our empirical results are distinguished into export model and import model, and …
Persistent link: https://www.econbiz.de/10014372926
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The aim of this paper is to analyze the effects of exchange rate volatility on international trade flows by using two … different approaches, the panel data analysis and fuzzy logic, and to compare the results. To a panel with the crosssection … in order to determine the effects of exchange rate volatility on bilateral trade flows of EU15 countries. The estimated …
Persistent link: https://www.econbiz.de/10013082345
This paper analyzes the effects of real exchange rate volatility on the United States’ exports to BRICS. It focuses on …, India, China, and South Africa, and uses quarterly data for period from 1993Q1 to 2021Q2. The specified panel regression … model was first estimated using three estimation methods, namely, the Panel Least Squares, the Panel Fully Modified Least …
Persistent link: https://www.econbiz.de/10012821337
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This paper presents the empirical evidence of how exchange rate volatility affects the flow of export trade. The … estimation of this relationship is complicated, due to the endogeneity between exchange rate volatility and trade. To mitigate … currencies of trading partners. The evidence shows that exchange rate volatility is positively associated with the export volume …
Persistent link: https://www.econbiz.de/10012521373
Persistent link: https://www.econbiz.de/10011656654
argued that such a policy could result in the harmful consequence of exchange rate volatility. This study analyzes the link … between exchange rate devaluation, volatility, and export performance. The analysis focuses on the manufacturing sector and 10 … short run, whereas the resulting exchange rate volatility has clear negative effects in the long run. The impact of exchange …
Persistent link: https://www.econbiz.de/10011961540
Persistent link: https://www.econbiz.de/10012489648
, but the Pooled Mean Group estimator of the Panel Autoregressive Distributed Lag was favoured by the Hausman test as the …
Persistent link: https://www.econbiz.de/10013164341