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There is an ongoing debate in the literature on whether global trade flows have become disconnected from the large real effective exchange rate movements in the wake of the global financial crisis. The question has important policy implications for the role of exchange rates in supporting growth...
Persistent link: https://www.econbiz.de/10012865830
Persistent link: https://www.econbiz.de/10011507238
the top 20 export products (defined by the 2-digit Harmonized System codes) from the United States to Brazil, Russia …
Persistent link: https://www.econbiz.de/10012821337
In this paper we analyze the effects of the real exchange rate volatility on exports in the Baltic region. The study focuses on three countries in the Baltic region, namely, Estonia, Latvia, and Lithuania, and uses quarterly exports of these countries to their major trading partners over the...
Persistent link: https://www.econbiz.de/10012926296
This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that the elasticity of real manufacturing exports to the Real...
Persistent link: https://www.econbiz.de/10012999740
exports is estimated based on the period from 1995Q1 to 2014Q4. Looking at some of the main export partners of Greece, the … for a part of the Greek exports. We find that Greek export activity is characterized by “bands of inaction” with respect … exports. To check for robustness we (a) estimate Greek export equations for a limited sample excluding the recent financial …
Persistent link: https://www.econbiz.de/10013000552
Micro-level empirical research has begun to obtain important results on the effects of currency variations on firms' survival. To date, the literature has lacked detailed analysis of the effects of exchange rates on firms' survival behavior in emerging markets due to a scarcity of firm level...
Persistent link: https://www.econbiz.de/10010255367
oil prices that has a stronger impact on its export competitors. This is due to the large labor force surplus of China. We … export competitiveness, together with the oil price, productivity, real exchange rate, and foreign industrial production over … of oil and elastic coefficients for export competitiveness, along with the expected negative elasticity for the real …
Persistent link: https://www.econbiz.de/10010277838
This work investigates how the export status of the firm influences the patterns of growth at different age classes. We … data on export transactions. We find that the positive relationship between export status and growth declines with firm age … role of the export status which is stronger for young exporters or born globals. Exploiting the product-country level …
Persistent link: https://www.econbiz.de/10011433470
move together. Appreciations of the domestic currency, raising foreign currency export prices, then also reduce marginal …-movement of export and import related exchange rates. I find that operational hedging requires firms to intentionally choose … export and import regions with comoving currencies. Analyzing the locational choice of firms confirms that the co-movement of …
Persistent link: https://www.econbiz.de/10011568538