EconPapers    
Economics at your fingertips  
 

Exchange-Rate Volatility and Commodity Trade: The Case of the US and Italy

Mohsen Bahmani-Oskooee (), H Harvey and Scott Hegerty ()

Economic Issues Journal Articles, 2015, vol. 20, issue 2, 1-27

Abstract: In recent years, numerous empirical studies have estimated the role of exchange-rate uncertainty on different countries industry-level trade flows. These have tended to find mixed results, with the majority of industries registering no impact, and the rest split between positive and negative effects. This study extends the literature to the case of US-Italian trade, for 145 export industries and 125 import industries. Of those industries, most exhibit significant short-run responses to exchange-rate volatility, but fewer register significant long-run effects. US exports of food and imports of raw materials appear to be particularly affected by risk in the long run, while many manufactures are not.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.economicissues.org.uk/Files/2015/215Mohsen.pdf (application/pdf)

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:eis:articl:215mohsen

Access Statistics for this article

More articles in Economic Issues Journal Articles from Economic Issues Contact information at EDIRC.
Bibliographic data for series maintained by Dan Wheatley ().

 
Page updated 2019-06-23
Handle: RePEc:eis:articl:215mohsen