Exchange Rate Sensitivity of U.S. Trade Flows: Evidence from Industry Data.

Previous research that investigated the relation between U.S. trade flows and the value of the dollar either employed trade data between the United States and the rest of the world or between the United States and her major trading partners. In this paper we use monthly import and export data from 6...

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Publicado en:Southern Economic Journal Vol. 72; no. 3; pp. 542 - 560
Autores principales: Bahmani-Oskooee, Mohsen, Ardalani, Zohre
Formato: Artículo
Publicado: Wiley-Blackwell Jan2006
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Exchange Rate Sensitivity of U.S. Trade Flows: Evidence from Industry Data.
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        au:
          Bahmani-Oskooee, Mohsen
          Ardalani, Zohre
        affil:
          Center for Research on International Economics, University of Wisconsin–Milwaukee, Milwaukee, WI 53201, USA.
          Department of Economics, University of Wisconsin–Milwaukee, Milwaukee, WI 53201, USA.
      su:
        United States
        Foreign exchange rates
        Trading companies
        Dollar
        Value (Economics)
        Exports
        Depreciation
      sug:
        subj:
          United States
          International Trade Financing
          Commodity Contracts Dealing
          Foreign exchange rates
          Trading companies
          Dollar
          Value (Economics)
          Exports
          Depreciation
      ab: Previous research that investigated the relation between U.S. trade flows and the value of the dollar either employed trade data between the United States and the rest of the world or between the United States and her major trading partners. In this paper we use monthly import and export data from 66 industries in the United States SITC Commodity Groupings over the January 1991-August 2002 period as well as cointegration analysis and show that in the long run real depreciation of the dollar stimulates export earnings of many U.S. industries, whereas it has no significant impact on most importing industries.
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    language: English
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