Exchange rates and export performance: evidence from micro-data
Reserve Bank of New Zealand Bulletin, 2009, vol. 72, No 2, 43-52
This article presents a summary of early results from an ongoing Reserve Bank research programme on the impact of exchange rates on firm-level export behaviour. Understanding responses to exchange rate movements at the level of individual firms is key to a deeper understanding of the channels through which economic and policy changes are transmitted through the economy. Results suggest that New Zealand firms have limited ability to respond to exchange rate changes through price-setting. Rather, explicit hedging is common and firms’ trade behaviour reflects a desire to avoid the risk associated with exchange rate volatility.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://www.rbnz.govt.nz/-/media/ReserveBank/Files/ ... jun72-2sanderson.pdf
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:june2009:6
Access Statistics for this article
More articles in Reserve Bank of New Zealand Bulletin from Reserve Bank of New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Reserve Bank of New Zealand Knowledge Centre ().