In early 2013 rumors about the Euro-appreciation gained momentum, which may lead to decreases in exports and increases in imports of the member states. Therefore, we investigate the impact of changes in the nominal Euro exchange rate vis-à-vis major currencies on export and import performance of nine different Euro-area-countries. To disentangle the “true” equilibrium elasticities SURE system e...

exchange rate volatility is one of the effective and ambiguous factors in agricultural product export. considering the importance of agricultural trade to avoid single-product economy, the main aim of this study was to investigate the impact of exchange rate volatility on the raisin export of iran during the years1959-2011. for this purpose, exchange rate volatility index was estimated using mo...

The exchange rate plays an essential role for firms which export goods and import raw materials. In this paper, the effects of real specific exchange rate fluctuations in imports, exports and aggregate trade on industry sector, chemical and transportation industries outputs in 49 OIC countries were investigated by using a panel data model over 1990-2014. Particularly, this paper presents eviden...

Abstract   his study employs a structural vector autoregression (SVAR) model to investigate the macroeconomic shocks on Malaysian tourism industry, especially how the economy dynamically responds to oil price shocks, exchange rates, changes in price level, exports, economic growth and tourism income during the study time period from January 2001 to December 2012. The results indicate that oil...

Nonlinear Effects of Exchange Rate Volatility on the Volume of Bilateral Exports Christopher F. Baum Department of Economics Boston College Mustafa Caglayan Department of Economics and Accounting University of Liverpool, UK Neslihan Ozkan Department of Economics and Accounting University of Liverpool, UK In this paper, we empirically investigate the impact of exchange rate volatility on real in...

This paper examines the impacts of the real exchange rates of the Chinese renminbi against the US dollar on the Japanese and the Korean exports to the US. Empirical test results, which have analyzed the quarterly data covering 1986Q1 to 2005Q2, show different long-run impacts of the renminbi in the export functions of the two countries. In particular, according to the estimation of cointegratin...

T his paper investigates the impact of monetary policies on the exchange rate of selected developing countries during the period 2001-2010. For this purpose, in addition to the theoretical explanation, dynamic panel data based on the generalized method of moments (GMM) have been used to estimate the model. Our findings indicate that the lag of exchange rate variable has a positive and signific...