Hasanov, Akram Shavkatovich; Baharumshah, Ahmad Zubaidi - In: Problems of Economic Transition 57 (2014) 1, pp. 80-101
This article investigates the hypothesis that exchange-rate risk may have an effect on exports for a set of transition countries, namely, Belarus, Kazakhstan, Russia, and Ukraine. To assess this effect, although a two-step estimation approach has earned an extensive empirical record in the...