The impact of exchange rate volatility on commodity trade between the US and Thailand

被引:12
|
作者
Bahmani-Oskooee, Mohsen [1 ]
Satawatananon, Kaveepot
机构
[1] Univ Wisconsin Milwaukee, Dept Econ, Milwaukee, WI 53211 USA
关键词
exchange rate volatility; industry data; Thailand; the United States;
D O I
10.1080/02692171.2011.619968
中图分类号
F [经济];
学科分类号
02 ;
摘要
The impact of exchange rate volatility on trade flows continues to occupy the international finance literature. More recent studies have deviated from the traditional approach of using aggregate trade flows and have employed trade data at commodity level. This study investigates the impact of exchange rate uncertainty on the trade flows of 118 US exporting industries to Thailand and 41 US importing industries from Thailand. We find that exchange rate uncertainty has short-run effects on the trade flows of most industries. In the long-run, the main determinants of the trade flows are the level of economic activity in both countries.
引用
收藏
页码:515 / 532
页数:18
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