Exchange rate variability and trade: why is it so difficult to find any empirical relationship?
- 24 May 1991
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 23 (5) , 927-936
- https://doi.org/10.1080/00036849100000041
Abstract
This paper discusses why previous literature has found little evidence of any effect of exchange rate variability on international trade. Methodological and statistical issues are discussed. In particular, comparisons are made of estimations based on different specifications or using different data sets and changes in the results depending on the method used are shown.Keywords
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