Trade sensitivity to exchange rates in the context of intra-industry trade /

This paper theoretically and empirically investigates export sensitivity to exchange rates in the context of intra-industry trade (IIT). It is assumed that more IIT implies a smaller elasticity of substitution among differentiated products and vice versa. The model presented suggests the gap in prod...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Oguro, Yoko (Autor), Fukao, Kyōji (Autor), Khatri, Yougesh (Autor)
Autor Corporativo: International Monetary Fund. Asia and Pacific Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.?] : International Monetary Fund, ©2008.
©2008
Colección:IMF working paper ; WP/08/134.
Temas:
International trade.
Foreign exchange rate.
Commerce international.
International trade
Acceso en línea:Texto completo
Descripción
Sumario:This paper theoretically and empirically investigates export sensitivity to exchange rates in the context of intra-industry trade (IIT). It is assumed that more IIT implies a smaller elasticity of substitution among differentiated products and vice versa. The model presented suggests the gap in production costs between two countries has an influence on IIT as well. Industry-level pane regressions of thirty-eight trading pairs provide strong empirical support for the idea that the exchange rate sensitivity of exports declines in concert with the extent of ITT. An obvious policy implication is t.
Notas:"May 2008."
Title from PDF title page (viewed September 16, 2008).
At head of title: Asia Pacific Department.
Descripción Física:1 online resource (20 pages)
Bibliografía:Includes bibliographical references (pages 19-20).

Ejemplares similares