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

Doganlar M.

APPLIED ECONOMICS LETTERS, cilt.9, sa.13, ss.859-863, 2002 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 9 Sayı: 13
  • Basım Tarihi: 2002
  • Doi Numarası: 10.1080/13504850210150906
  • Dergi Adı: APPLIED ECONOMICS LETTERS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.859-863
  • Çukurova Üniversitesi Adresli: Hayır

Özet

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.