This paper investigates the impact of exchange rate volatility on UK exports to European Union (EU) countries by means of a newly developed ARDL bounds testing procedure to cointegration. Using monthly data disaggregated by market of destination and sectors for the period 1993ml to 2001m6, our...

Using UK quarterly data, we re‐examine the nature and degree of the relationship between savings and investment by means of a newly developed bounds testing procedure to cointegration within an autoregressive distributed lag (ARDL) framework. Our finding of cointegration in all samples...