IDEAS home Printed from https://ideas.repec.org/a/dah/aeqaeq/v61_y2015_i4_q4_p353-371.html
   My bibliography  Save this article

The Effects of Exchange Rate Volatility on U.S.-Chilean Industry Trade Flows

Author

Listed:
  • Mohsen Bahmani-Oskooee
  • Hanafiah Harvey
  • Scott W. Hegerty

Abstract

The effects of exchange-rate volatility on trade, while often assumed to be detrimental, are actually ambiguous. Numerous theoretical and empirical studies have found positive as well as negative effects. Analyses of disaggregated trade flows in particular have found many individual industries to register no effect at all. As a result, specific industries and specific country pairs must be examined on a case-by-case basis. This study examines U.S.-Chilean trade for 113 export and 23 import industries using annual data from 1971 to 2010. While aggregate trade shows little impact, industry-level effects are stronger. Half of the U.S. export industries in SITC sector 8 (Miscellaneous Manufactured Articles) respond negatively, suggesting that Chilean imports of type of product would increase as the result of a more stable peso.

Suggested Citation

  • Mohsen Bahmani-Oskooee & Hanafiah Harvey & Scott W. Hegerty, 2015. "The Effects of Exchange Rate Volatility on U.S.-Chilean Industry Trade Flows," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, vol. 61(4), pages 353-371.
    • Handle: RePEc:dah:aeqaeq:v61_y2015_i4_q4_p353-371
    DOI: 10.3790/aeq.61.4.353
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.3790/aeq.61.4.353
    Download Restriction: Access to full text is restricted to subscribers (2008 onwards); Pay-per-view access from https://elibrary.duncker-humblot.com/journals/aeq (2008 onwards) and http://www.genios.de (2008 onwards)
    File URL: https://libkey.io/10.3790/aeq.61.4.353?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. KANSEL,Zubeyir Can & BARI,Bilgin, 2020. "Testing J-Curve Effect On Trade Balance In Turkish Economy," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 24(1), pages 53-69, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dah:aeqaeq:v61_y2015_i4_q4_p353-371. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: E-Publishing-Team (email available below). General contact details of provider: https://www.duncker-humblot.de .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.