Auer, Raphael; Saure, Philip - In: Aussenwirtschaft 66 (2011) 3, pp. 323-338
We identify the role of industrial composition on the elasticity of aggregate export volume with respect to the exchange rate. In an annual panel covering the time from 1972 to 2000, 865 sectors, and bilateral trade flows between 24 OECD economies, we estimate sectoral elasticities of export...