Exchange Rate Effects of Portfolio Shifts?

1998 ◽  
Author(s):  
Malte Krueger
Keyword(s):  
Exchange Rate ◽  
Rate Effects ◽  
Portfolio Shifts

Exchange rate effects on agricultural exports

2019 ◽  
Vol 11 (4) ◽  
pp. 600-621
Author(s):  
Rui Mao
Keyword(s):  
Exchange Rate ◽  
Panel Data ◽  
Exchange Rates ◽  
Food Industry ◽  
Real Exchange Rates ◽  
Data Set ◽  
Content Type ◽  
Agricultural Exports ◽  
Country Level ◽  
Rate Effects

Purpose The purpose of this paper is to extend empirical investigations of the relationship between real exchange rates and agricultural exports to the firm-product-country level with the use of disaggregated panel data of China’s food industry. In particular, the study aims to explore heterogeneities in the export response to real exchange rates across firms, destinations and products, as well as to differentiate responses on the intensive and extensive margins. Design/methodology/approach This paper utilizes a merged panel data set of firm-product-country level transaction records of China’s agricultural exports with firm-level survey data of the food industry. Panel regression models are constructed to identify empirical relationships. Findings Real appreciations are found to reduce export quantities and the probability to enter destination markets. These impacts are enhanced in 2005 when China unexpectedly depegged yuan from the USD. In addition, real appreciations in 2005 also reduced the yuan-denominated export price and increased firms’ probability to exit destination markets. Taking the exchange rate reform as a natural experiment, evidence suggests that the negative exchange rate effects on exports are robust to the endogeneity issue. Finally, heterogeneous export responses are identified with respect to firm productivities and ownerships, income levels and locations of destination markets, as well as product groups. Originality/value This paper provides first-hand evidence on how real exchange rates influence agricultural exports at the firm-product-country level. A featured contribution is that China’s exchange rate reform in 2005 is utilized to alleviate the typical concern of endogeneity. Findings may benefit policy makers, for example, by identifying firms most vulnerable to real appreciations.

Source-differentiated analysis of exchange rate effects on US beef imports

2013 ◽  
Vol 6 (4) ◽  
pp. 406
Author(s):  
Keithly G. Jones ◽  
Andrew Muhammad ◽  
Kenneth Mathews <suffix>Jr.</suffix>
Keyword(s):  
Exchange Rate ◽  
Rate Effects

scholarly journals Exchange Rate Effects on International Commercial Trade Competitiveness

2018 ◽  
Vol 11 (2) ◽  
pp. 19 ◽  
Author(s):  
Ionel Bostan ◽  
Carmen Toderașcu (Sandu) ◽  
Bogdan-Narcis Firtescu
Keyword(s):  
Exchange Rate ◽  
Rate Effects ◽  
Trade Competitiveness ◽  
Commercial Trade

scholarly journals Exchange rate effects on the volume and variability of trade flows

2002 ◽  
Vol 21 (4) ◽  
pp. 481-496 ◽  
Author(s):  
John T. Barkoulas ◽  
Christopher F. Baum ◽  
Mustafa Caglayan
Keyword(s):  
Exchange Rate ◽  
Trade Flows ◽  
Rate Effects

Exchange-rate Effects on China's Trade

2007 ◽  
Vol 15 (5) ◽  
pp. 837-853 ◽  
Author(s):  
Jaime Marquez ◽  
John Schindler
Keyword(s):  
Exchange Rate ◽  
Rate Effects
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