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In 2005, China abated its fixed exchange rate against the U.S. dollar and began to appreciate the Renminbi (RMB). In … this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity … the U.S. dollar significantly reduced imports to the U.S. from China. This finding is robust to a variety of econometric …
Persistent link: https://www.econbiz.de/10009300221
Persistent link: https://www.econbiz.de/10009674448
-through to export and import prices and volumes and the use of imported inputs in production, an important determinant of … the effect on the pass-through to import prices is also positive. In contrast, I do not find a clear correlation between …
Persistent link: https://www.econbiz.de/10012868863
This paper examines the impact of American public attitudes toward foreign countries on the volume of trade. The issue is whether popular attitudes, as elicited in these surveys, convey any information about trust, risk, or transactions costs beyond what can be explained through standard...
Persistent link: https://www.econbiz.de/10014064347
China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage and …
Persistent link: https://www.econbiz.de/10010279691
China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage and … Economic Community -- India ; China ; Economic Cooperation ; Trade ; Free Trade Agreement ; Gravity Model ; Asian Economic …
Persistent link: https://www.econbiz.de/10003411318
The International Monetary Fund (IMF) has worked with Sudan since 1997 to implement a managed float exchange rate. The IMF sees exchange rate flexibility as key to safeguard and rebuild foreign exchange reserves and essential to meet the international reserve target in Sudan. However,...
Persistent link: https://www.econbiz.de/10014163580
This paper examines how devaluations affect the relative costs of labor and capital and therefore influence production, profitability, investment, and stock returns for firms in the "crisis" country as well as competitors in the rest of the world. After developing these ideas in a small,...
Persistent link: https://www.econbiz.de/10014031780
A country's exchange rate is at the center of economic and political debates on currency wars and trade competitiveness. The real consequences of exchange rate fluctuations depend critically on how firms set prices in international markets. Recent empirical evidence has challenged the dominant...
Persistent link: https://www.econbiz.de/10012950251
equation should correct for multilateral resistance factors. We propose a relatively low-cost specification and estimation to …
Persistent link: https://www.econbiz.de/10013069475