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EXCHANGE RATE VOLATILITY AND TRADE: A LITERATURE ...

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International Journal of Applied Econometrics and Quantitative Studies Vol.3-1 (2006)<br />

favour the conventional assumption that exchange rate volatility<br />

depresses the level of trade.<br />

References<br />

Akhtar, M. and R.Spence Hilton (1984), “Effects of Exchange Rate<br />

Uncertainty on German and U.S. Trade”, Federal Reserve Bank of<br />

New York. Quarterly Review. Vol 9, 7-16.<br />

Aristotelous, K., (2001), “Exchange-rate volatility, exchange-rate<br />

regime, and trade volume: evidence from the UK-US export function<br />

(1989-1999)”, Economic Letters 72, 87-89.<br />

Arize, A.C., (1995), “The effects of exchange rate volatility on US<br />

exports: an empirical investigation” Southern Economic Journal 62,<br />

34–43.<br />

Arize, A.C., (1997), “Conditional exchange rate volatility and the<br />

volume of foreign trade: evidence from seven industrialized<br />

countries”, Southern Economic Journa,l 64, 235–254.<br />

Arize, C. A. and Osang, T. and Slottje J. D. (2000), “Exchange rate<br />

volatility and foreign trade: evidence from Thirteen LDC.s”, Journal<br />

of Business and Economic Statistics, Vol. 18 (1) 10-17.<br />

Arize, A.C., J. Malindretos, and K.M. Kasibhatla, (2004), “Does<br />

Exchange-Rate Volatility Depress Export Flows: The Case of<br />

LDCs,” International Advances in Economics Research, (9), 7-19.<br />

Arize, C. A. and Osang, T. and Slottje J. D. (2005), “Exchange-Rate<br />

Volatility in Latin America and its Impact on Foreign Trade”,<br />

September. Available at: http://faculty.smu.edu/tosang/pdf/latin.pdf<br />

Asseery, A., & Peel, D. A. (1991), The effects of exchange rate<br />

volatility on exports. Economics Letters, 37, 173-177.<br />

Baak, S. J., A. Al-Mahmood, S. Vixathep (2003), Exchange rate<br />

volatility and exports from East Asian countries to Japan and the<br />

94

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