Estimating the impact of exchange rate volatility on exports: evidence from Asian countries

Doganlar M.

APPLIED ECONOMICS LETTERS, cilt.9, ss.859-863, 2002 (SSCI İndekslerine Giren Dergi) identifier identifier

  • Cilt numarası: 9 Konu: 13
  • Basım Tarihi: 2002
  • Doi Numarası: 10.1080/13504850210150906
  • Sayfa Sayıları: ss.859-863


The paper examines the impact of exchange rate volatility on the exports of five Asian countries. The countries are Turkey, South Korea, Malaysia, Indonesia and Pakistan. The impact of a volatility term on exports is examined by using an Engle-Granger residual-based cointegrating technique. The results indicate that the exchange rate volatility reduced real exports for these countries. This might mean that producers in these countries are risk-averse. The producers will prefer to sell in domestic markets rather than foreign markets if the exchange rate volatility increases.