Economics at your fingertips  

Does exchange rate volatility matter for international sales? Evidence from US firm level data

Cengiz Tunc () and M. Nihat Solakoglu

Economics Letters, 2016, vol. 149, issue C, 152-156

Abstract: We explore the effect of exchange rate volatility on firms’ foreign sales using destination-specific US firm-level data at different quantiles of the conditional distribution. Results show that the sign and significance of the effect depend on the economic conditions, firm characteristics, the sector that the firms operate and the quantile of the conditional distribution. Hence, using aggregated data, utilizing mean-regression methods and ignoring firm-specific factors can explain the mixed results provided by the existing literature.

Keywords: Exchange rate volatility; Foreign sales; International trade; Quantile regression (search for similar items in EconPapers)
JEL-codes: F14 F31 C21 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
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:

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-05-18
Handle: RePEc:eee:ecolet:v:149:y:2016:i:c:p:152-156