Non-linear effect of exchange rate volatility on exports: the role of financial sector development in emerging East Asian economies.

Chit, Myint Moe and Judge, Amrit P. (2010) Non-linear effect of exchange rate volatility on exports: the role of financial sector development in emerging East Asian economies. International Review of Applied Economics, 25 (1). pp. 107-119. ISSN 0269-2171

Full text is not in this repository.

This item is available in: Library Catalogue

Abstract

This paper empirically examines the role of financial sector development in influencing the impact of exchange rate volatility on the exports of five emerging East Asian countries – China, Indonesia, Malaysia, the Philippines and Thailand – using a GMM-IV estimation method. The results indicate that the effect of exchange rate volatility on exports is conditional on the level of financial sector development. The less financially developed an economy the more its exports are adversely affected by exchange rate volatility. In addition, a stable exchange rate seems to be a necessary condition to achieve export promotion via a currency depreciation in these economies.

Item Type: Article
Research Areas: A. > Business School > Economics
Item ID: 4112
Useful Links:
Depositing User: Dr Myint Chit
Date Deposited: 18 Feb 2010 13:45
Last Modified: 13 Oct 2016 14:17
URI: http://eprints.mdx.ac.uk/id/eprint/4112

Actions (login required)

Edit Item Edit Item