On Crises, International Trade and Exchange Rate Regimes

2014 ◽  
Author(s):  
Francisco Ledesma Rodrrguez ◽  
Jorge PPrez Rodrrguez ◽  
Maria SantanaaGallego



1992 ◽  
Vol 36 (6) ◽  
pp. 1311-1321 ◽  
Author(s):  
Jean-Marie Viaene ◽  
Casper G. de Vries


Author(s):  
Matthias Busse ◽  
Carsten Hefeker ◽  
Georg Koopmann




1997 ◽  
pp. 125-156 ◽  
Author(s):  
Reuven Glick ◽  
Clas G. Wihlborg


2019 ◽  
Vol 47 ◽  
pp. 85-95 ◽  
Author(s):  
Maria Santana-Gallego ◽  
Jorge V. Pérez-Rodríguez


Author(s):  
Jana Šimáková ◽  
Daniel Stavárek

This paper contributes to the economic literature on the impact of exchange rate volatility on Hungary’s foreign trade. Basic gravity model shows that trade volume between a pair of countries is an increasing function of their sizes (GDP) and a decreasing function of the distance between them. Additional factors included in extended model are population, dummy for common border and proxy for exchange rate volatility. The measure of exchange rate volatility is estimated by GARCH model. This paper explores relationship between trade and exchange rate uncertainty using quarterly data over the period 1999:1 – 2014:3. In order to obtain the objective result, we use the panel data regression for 10 sectors of Hungarian international trade based on SITC classification and six major trading partners (Austria, Germany, France, United Kingdom, Italy and Poland). The significant parameters obtained from panel regression demonstrate that bilateral exchange rate volatility leads to a decrease in Hungary’s foreign trade.



2003 ◽  
Vol 93 (1) ◽  
pp. 344-353 ◽  
Author(s):  
J. Ernesto LóPez-Córdova ◽  
Christopher M Meissner




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