The effect of exchange rates on firm exports: the role of imported intermediate inputs.
Greenaway, David and Kneller, Richard and Zhang, Xufei (2010) The effect of exchange rates on firm exports: the role of imported intermediate inputs. World economy, 33 (8). pp. 961-986. ISSN 0378-5920
Full text is not in this repository.
This item is available in the Library Catalogue
In this paper we investigate the effect of exchange rate changes on the exports of UK manufacturing firms, but draw on the macro literature to consider the effects exchange rates have on imported intermediate inputs. Real exchange rate appreciations make the foreign export price of goods and services produced by domestic firms more expensive, but also make imported inputs cheaper. Our results provide support for this view; we find a significant negative effect from a measure of the export destination weighted real effective exchange rate and an offsetting effect from the imported intermediate input weighted exchange rate on export sales.
|Research Areas:||A. > School of Science and Technology > Design Engineering and Mathematics|
A. > Business School > Economics
|Citations on ISI Web of Science:||0|
|Deposited On:||02 Mar 2010 11:39|
|Last Modified:||27 Mar 2015 12:03|
Repository staff only: item control page
Full text downloads (NB count will be zero if no full text documents are attached to the record)
Downloads per month over the past year