International Production Sharing and Exchange Rates of Asian Countries

2016 ◽  
Author(s):  
◽  
Witada Anukoonwattaka
Keyword(s):  
Exchange Rates ◽  
Asian Countries ◽  
International Production ◽  
Production Sharing

scholarly journals Third-Country Effects on the Market Shares of U.S. Wheat in Asian Countries

2004 ◽  
Vol 36 (3) ◽  
pp. 797-813 ◽  
Author(s):  
Hyun J. Jin ◽  
Guedae Cho ◽  
Won W. Koo
Keyword(s):  
Exchange Rates ◽  
Import Demand ◽  
Demand Model ◽  
Asian Countries ◽  
Panel Estimation ◽  
Explanatory Variables ◽  
Market Shares ◽  
Australian Wheat ◽  
The U.S ◽  
Country Effect

An import demand model, augmented with third-country effect variables, is developed to examine the effects of strong U.S. dollar, volatility of the U.S. dollar, and competition among the exporting countries on the shares of U.S. wheat in Asian markets. In the empirical model, the dependent variable is the market shares of U.S. wheat. Explanatory variables include wheat prices of exporting countries, exchange rates between the importing and exporting countries, and volatilities of the exchange rates. Panel estimation results show that the U.S. currency value and volatility, Australian wheat price, and the volatilities of Canadian and Australian currency values have significant effects on U.S. market shares.

scholarly journals International Trade and Foreign Direct Investment: Substitutes or Complements?

2002 ◽  
Vol 34 (2) ◽  
pp. 289-302 ◽  
Author(s):  
Mary A. Marchant ◽  
Dyana N. Cornell ◽  
Won Koo
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rates ◽  
Interest Rates ◽  
Direct Investment ◽  
East Asian ◽  
Agricultural Trade ◽  
Processed Foods ◽  
Asian Countries ◽  
Critical Question ◽  
Simultaneous Equation System

International agricultural trade has evolved over time. Processed foods and developing countries have become major growth markets for U.S. agricultural exports, and foreign direct investment (FDI) has become even more important than exports as a means of accessing foreign markets. The critical question is whether FDI is a substitute for or a complement of exports. This research builds upon an existing theoretical FDI model and contributes to the literature through the development of a simultaneous equation system for FDI and exports, which is estimated using two-stage least squares. Empirical analyses were used to examine the relationship between U.S. FDI and exports of processed foods into East Asian countries-China, Japan, Singapore, South Korea, and Taiwan-from 1989 to 1998. The results indicated a complementary relationship between FDI and exports. Additionally, these results indicated that interest rates, exchange rates, gross domestic product (GDP), and compensation rates are important variables that influence U.S. FDI in East Asian countries, while GDP, exchange rates, and export prices are important export determinants.

International Production Sharing Opportunities in Mexico and the Caribbean

2002 ◽  
Vol 3 (2) ◽  
pp. 65-84 ◽  
Author(s):  
Matthew B. Myers ◽  
Stanley E. Fawcett ◽  
Sheldon R. Smith
Keyword(s):  
International Production ◽  
Production Sharing ◽  
The Caribbean

scholarly journals Exchange rates, price levels, and inflation targeting: Evidence from Asian countries

2010 ◽  
Vol 22 (3) ◽  
pp. 173-182 ◽  
Author(s):  
Weera Prasertnukul ◽  
Donghun Kim ◽  
Makoto Kakinaka
Keyword(s):  
Exchange Rates ◽  
Inflation Targeting ◽  
Asian Countries ◽  
Price Levels

scholarly journals Capital flows and real exchange rates in emerging Asian countries

2013 ◽  
Vol 24 ◽  
pp. 138-146 ◽  
Author(s):  
Juthathip Jongwanich ◽  
Archanun Kohpaiboon
Keyword(s):  
Exchange Rates ◽  
Capital Flows ◽  
Real Exchange Rates ◽  
Asian Countries

scholarly journals Impact of FDI as Macroeconomic Variable on the Exchange Rates with Special Reference to the Selected Asian Countries’ Currencies

2019 ◽  
Vol 8 (2S10) ◽  
pp. 122-125
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Exchange Rate Regime ◽  
Asian Countries ◽  
Human Race ◽  
Macroeconomic Variable ◽  
Fdi Inflows ◽  
The World ◽  
The Exchange Rate ◽  
Globalized World

Globalization has brought immense benefit for the welfare of the human race. For a globalized world, the economic integration of nations around the world is a prerequisite. This integration of economies has brought in the concept of international trade wherein the countries trade with each other. For a trade to be carried out the buyer has to pay the seller in currency that is accepted by the seller. As of now one of the widely accepted currencies is USD and the exchange rates of most of the currencies are determined in terms of USD. The exchange rate of a country is affected by many macroeconomic variables and one among them is the FDI. This paper has tried to analyse whether FDI as a macroeconomic variable affects the exchange rate of selected Asian countries' currencies. With the integration of economies around the world, it is important to know the factor responsible for the variation in the exchange rates. With this knowledge, the Governments and the Central Banks can plan their policies accordingly that are attractive to the investors. The study has considered countries such as China, India, Phillipines, Qatar and Singapore. The study has used regression to find out the influence of FDI inflows on the exchange rates of respective currencies and correlation has been used to find the extent of relationship between the variables considered. The results show that the FDI inflows affect the exchange rates of all the countries considered except Phillipines. Also correlation shows that FDI inflows and Exchange rates of Qatar are not related since Qatar follow fixed exchange rate regime.

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