Exchange rate volatility and exports evidence from the ASEAN-China free trade area.
Chit, Myint Moe (2008) Exchange rate volatility and exports evidence from the ASEAN-China free trade area. Journal of Chinese Economics and Business Studies, 6 (3). pp. 261-277. ISSN 1476-5284
Full text is not in this repository.
This paper examines the impact of exchange rate volatility on the bilateral exports within the ASEAN-China Free Trade Area (ACFTA) by using a generalized gravity model. A panel data set of 20 bilateral observations for the period from 1982:Q1 to 2005:Q1 is estimated using fixed-effect and random effect methods. Panel unit-roots and panel cointegration tests confirm the long-run relationship among the variables. The empirical results suggest that bilateral real exchange rate volatility has a statistically significant negative impact on the bilateral exports of the major ACFTA countries. But the magnitude of the impact appears to be fairly small.
|Keywords (uncontrolled):||ACFTA; trade; exchange rate volatility|
|Research Areas:||A. > Business School > Economics|
|Notes on copyright:||Full terms and conditions of use: http://www.informaworld.com/terms-and-conditions-of-access.pdf This article maybe used for research, teaching and private study purposes. Any substantial or systematic reproduction, re-distribution, re-selling, loan or sub-licensing, systematic supply or distribution in any form to anyone is expressly forbidden. The publisher does not give any warranty express or implied or make any representation that the contents will be complete or accurate or up to date. The accuracy of any instructions, formulae and drug doses should be independently verified with primary sources. The publisher shall not be liable for any loss, actions, claims, proceedings, demand or costs or damages whatsoever or howsoever caused arising directly or indirectly in connection with or arising out of the use of this material.|
|Depositing User:||Dr Myint Chit|
|Date Deposited:||19 Feb 2010 13:40|
|Last Modified:||13 Oct 2016 14:17|
Actions (login required)