Asymmetric effects of exchange rate volatility on trade flows: evidence from G7

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dc.authoridKaramelikli, Huseyin/0000-0001-7622-0972
dc.authoridBahmani-Oskooee, M/0000-0002-8242-7715
dc.contributor.authorBahmani-Oskooee, Mohsen
dc.contributor.authorKaramelikli, Huseyin
dc.contributor.authorNiroomand, Farhang
dc.date.accessioned2024-09-29T15:54:35Z
dc.date.available2024-09-29T15:54:35Z
dc.date.issued2023
dc.departmentKarabük Üniversitesien_US
dc.description.abstractCurrent trend in applied research points at application of Shin et al.'s (2014) nonlinear ARDL approach to asymmetric error-correction modeling and asymmetric cointegration. Two studies in the literature have applied these approaches to assess the short-run and long-run asymmetric effects of exchange rate volatility on aggregate exports and imports of Asian and African countries, respectively. We add to this new literature by considering the experiences of G7 countries. We find that trade flows of almost all countries are affected by volatility asymmetrically in the short run. In the long run, while French and Italian exports are boosted by increased volatility, German exports are hurt. On the other hand, decreased volatility reduces French and Italian exports. As for G7 imports, increased exchange rate volatility hurts imports of Canada, Germany, France, Italy, and the U.K. in the long run and decreased volatility boosts their imports.en_US
dc.identifier.doi10.1007/s12197-022-09597-5
dc.identifier.endpage62en_US
dc.identifier.issn1055-0925
dc.identifier.issn1938-9744
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85135845435en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage38en_US
dc.identifier.urihttps://doi.org/10.1007/s12197-022-09597-5
dc.identifier.urihttps://hdl.handle.net/20.500.14619/4166
dc.identifier.volume47en_US
dc.identifier.wosWOS:001063265900003en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringernatureen_US
dc.relation.ispartofJournal of Economics and Financeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectG7 countriesen_US
dc.subjectExchange rate volatilityen_US
dc.subjectTrade Flowsen_US
dc.subjectAsymmetry effectsen_US
dc.subjectF31en_US
dc.titleAsymmetric effects of exchange rate volatility on trade flows: evidence from G7en_US
dc.typeArticleen_US

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