EXCHANGE RATE VOLATILITY AND TRADE: A LITERATURE ...
EXCHANGE RATE VOLATILITY AND TRADE: A LITERATURE ...
EXCHANGE RATE VOLATILITY AND TRADE: A LITERATURE ...
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Ozturk, I.<br />
Exchange Rate Volatility and Trade: A Literature Survey<br />
Hook and Boon<br />
(2000)<br />
Aristotelous<br />
(2001)<br />
1985-<br />
97Q<br />
1989-<br />
99A<br />
Doganlar (2002) 1980-<br />
96Q<br />
Vergil (2002) 1990-<br />
2000Q<br />
Das (2003) 1980-<br />
2001Q<br />
Baak (2004) 1980-<br />
2002A<br />
Tenreyro (2004) 1970-<br />
97A<br />
Clark, Tamirisa,<br />
and Wei (2004)<br />
Kasman &<br />
Kasman (2005)<br />
1975-<br />
2000A<br />
1982-<br />
2001Q<br />
(overall<br />
likely have<br />
a positive<br />
correlation)<br />
Both VAR Negative<br />
effect on<br />
export<br />
Real<br />
Real<br />
Real<br />
Both<br />
Gravitiy<br />
model<br />
EG<br />
Cointegration<br />
Standard<br />
deviation<br />
ADF, ECM,<br />
Cointegration<br />
No effect on<br />
export<br />
Negative<br />
effect on<br />
export<br />
Negative<br />
effect on<br />
export<br />
Significant<br />
negative<br />
effect on<br />
export<br />
Real OLS Significant<br />
negative<br />
effect on<br />
export<br />
Nominal<br />
Both<br />
Real<br />
Gravity<br />
model<br />
Gravity<br />
model<br />
Cointegration,<br />
ECM<br />
Insignificant<br />
and no<br />
effect on<br />
trade<br />
Negative<br />
and<br />
significant<br />
effect<br />
Significant<br />
positive<br />
effect on<br />
export<br />
Arize et al. (2005) 1973- Real Cointegration, Significant<br />
91
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