scholarly journals The Effects of Government Spending on Real Exchange Rates: Evidence from Military Spending Panel Data

2016 ◽  
Author(s):  
Wataru Miyamoto ◽  
Thuy Lan Nguyen ◽  
Viacheslav Sheremirov
Keyword(s):  
Panel Data ◽  
Exchange Rates ◽  
Government Spending ◽  
Real Exchange Rates ◽  
Military Spending

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.

scholarly journals East Asian Real Exchange Rates and PPP: New Evidence from Panel-data Tests

2007 ◽  
Vol 36 (2) ◽  
pp. 103-119 ◽  
Author(s):  
Ahmad Zubaidi Baharumshah ◽  
Raj Aggarwal ◽  
Chan Tze Haw
Keyword(s):  
Panel Data ◽  
Exchange Rates ◽  
Real Exchange Rates ◽  
East Asian ◽  
New Evidence

More powerful panel data unit root tests with an application to mean reversion in real exchange rates

2004 ◽  
Vol 19 (2) ◽  
pp. 147-170 ◽  
Author(s):  
L. Vanessa Smith ◽  
Stephen Leybourne ◽  
Tae-Hwan Kim ◽  
Paul Newbold
Keyword(s):  
Panel Data ◽  
Exchange Rates ◽  
Unit Root ◽  
Real Exchange Rates ◽  
Mean Reversion ◽  
Unit Root Tests

scholarly journals Analysis of Competitiveness and Factors Affecting Indonesia's Selected Commodity Exports to Developing Eight Countries (D-8)

2019 ◽  
pp. 119-130
Author(s):  
Sridewi Nainggolan ◽  
Tanti Novianti ◽  
Muhammad Findi Alexandi
Keyword(s):  
Panel Data ◽  
Exchange Rates ◽  
Real Exchange Rates ◽  
Commodity Prices ◽  
Factors Affecting ◽  
Trade Relations ◽  
Panel Data Regression ◽  
Potential Market ◽  
Data Regression ◽  
Trading Partners

Indonesia's exports to major trading partners show a declining trend in recent years. So that market diversification is important so that exports do not fully depend on the main trading partners. Looking at the development of Indonesia's exports to the Developing Eight Countries (D-8), this region can become a potential market to increase exports. This study aimed to analyze the competitiveness of commodities, and the factors that affect Indonesia's commodity exports to (D-8). The analysis period from 2009 to 2018 uses Revealed Comparative Advantage (RCA), Intra Industry Trade (IIT), Export Dynamic Product (EPD), and Gravity Model using panel data regression. Based on the results of RCA and EPD analysis, Indonesian commodities are able to compete and occupy a variety of positions, namely the Rising Star, Falling Star, Lost Oportunity, and Retreat positions. The IIT results show that most of Indonesia's trade relations with D-8 member countries are one-way (No Integration). Factors that influence exports are, GDP, real exchange rates, commodity prices, economic distances with different results for each commodity.

Sign in / Sign up

Export Citation Format

Share Document