The impact of exchange rate variability on trade flows: Further results on sectoral U.S. imports from Canada
作者： Denis Bélanger , Sylvia Gutiérrez , Daniel Racette , Jacques Raynauld
DOI: 10.1016/1062-9408(92)90013-H
关键词: Gravity model of trade 、 Bilateral trade 、 Empirical evidence 、 Ullah 、 Trade barrier 、 Forward market 、 Floating interest rate 、 Economics 、 International economics 、 Exchange rate
摘要: Abstract In this study, we provide additional empirical evidence on the effects of exchange rate variability trade flows. We focus between Canada and United States in five sectors with substantial shares bilateral two countries. Beside our sectoral approach, contribution is to address econometric problems raised by use proxies for risk using non-parametric approach suggested Pagan Ullah (1988). adopt measures based three-month forecast errors forward market. Our results generally indicate that has not significantly depressed volume during present floating period.
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