Exchange rate volatility and international trade

Madan Lal, Satish Kumar, Dharen Pandey, Varun Kumar Rai and Weng Marc Lim

Journal of Business Research, 2023, vol. 167, issue C

Abstract: As the volatility of exchange rates significantly influences international trade, understanding their complex interplay is paramount. In the face of a burgeoning body of knowledge that lacks a comprehensive and up-to-date review, this study employs performance analysis and science mapping to discern publication and citation trends, identify major contributors, and delineate key themes in the domain of exchange rate volatility and international trade. The exploration reveals a nuanced relationship where exchange rate volatility impacts varied exporters, sectors, and regions differently. The investigation also underscores the growing significance of firm-level analysis in international business and economics, highlighting a shift towards exploring how firms respond to and navigate through exchange rate fluctuations. The research also finds an imperative for robust risk management strategies to mitigate the repercussions of exchange rate volatility, alongside policy interventions tailored to account for these varied impacts. Consequently, the study fills existing knowledge gaps and proposes future research avenues, emphasizing the necessity of a global and collaborative approach to unravelling intricate relationships while providing a valuable resource for scholars, practitioners, and policymakers in the realm of exchange rate volatility and international trade.

Keywords: Exchange rate; Exchange rate volatility; International trade; Volatility; Bibliometric analysis; Systematic literature review (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296323005155
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:167:y:2023:i:c:s0148296323005155

DOI: 10.1016/j.jbusres.2023.114156

Access Statistics for this article

Journal of Business Research is currently edited by A. G. Woodside

More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().