UK-German Commodity Trade and Exchange-Rate Volatility: An Asymmetric Analysis

Küçük Resim Yok

Tarih

2022

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Taylor & Francis Ltd

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

We assess the response of trade flows between Britain and Germany to exchange rate volatility. When we estimated a linear model, we found short-run effects of volatility in 36 British exporting industries that lasted into the long run only in 23 industries. The comparable number for German exporting industries were 42 and 17, respectively. However, when we estimated a nonlinear model, we found short-run asymmetric effects of volatility in 54 British exporting industries that lasted into the long run in 38 industries. The comparable number for German exporting industries were 64 and 42, respectively. Almost all affected industries were small.

Açıklama

Anahtar Kelimeler

95 industries, asymmetry, euro-pound volatility, UK- German trade

Kaynak

International Trade Journal

WoS Q Değeri

N/A

Scopus Q Değeri

Q3

Cilt

36

Sayı

4

Künye