Year 2014, Volume 23 , Issue 2, Pages 29 - 46 2014-10-15

Impact Of Exchange Rate Volatility On Trade: A Literature Survey

Fındık Özlem Alper [1]


Bu çalışmada, döviz kuru oynaklığının dış ticaret üzerine etkilerini inceleyen çalışmaların literatür taraması amaçlanmaktadır. Çalışmada 1983-2013 yılları arasında yapılan araştırmalar incelenmiştir. Konu öncelikle teorik çerçevede ele alınmış, ikinci aşamada belli bazı çalışmalar veri dönemi, incelediği ülkeler, ekonometrik yöntemler ve elde ettiği bulgular bakımından kronolojik olarak karşılaştırılmıştır. Araştırma sonucunda, döviz kuru oynaklığının dış ticaret akımları üzerindeki etkisinin halen çelişkili olduğu sonucuna varılmıştır.

Döviz kuru, ticaret akımları, döviz kuru oynaklığı
  • Abbott, A.J.(1999). An investigation into the influence of exchange rate variability on U.K. export volumes and prices. Unpublished doctoral dissertation, University of Durham. Akhtar, M.A., & Hilton, R.S. (1984). Effects of exchange rate uncertanity on German and U.S. trade. Federal Reserve Bank of New York, Research Paper No. 8403. Aristotelous, K. (2001). Exchange rate volatility, exchange rate regime, and trade volüme: Evidence from the U.K.-U.S. export function. Economic Letters, 72, 87-94. Arize, A.C., Osang, T., Slottje, D.J. (2008). Exchange rate volatility in Latin America and its impact on foreign trade. International Review of Economics and Finance, 17, 33-44. Baak, S. (2008). The bilateral real exchange rates and trade between China and the U.S. China Economic Review, 19, 117-127. Bacchetta, P., & Van Wincoop, E. (2000). Does exchange rate stability increase trade and welfare? The American Economic Review, Vol. 90, No. 5, 1093-1109. Baek, J. (2013). Does the exchange rate matter to bilateral trade between Korea and Japan? Evidence from commodity trade data. Economic Modelling, 30, 856-862. Bahmani-Oskooee, M., & Wang, Y. (2009). Exchange rate sensitivity of Australia’s trade flows: Evidence from industry data. The Manchester School, Vol. 77, No. 1, 1-16. Bahmani-Oskooee, M., Harvey, H. (2011). Exchange rate volatility and industry trade between the U.S. and Malaysia. Research in International Business and Finance, 25, 127-155. Bahmani-Oskooee, M., Harvey, H., Hegerty, S.W. (2013). The effects of exchange rate volatility on commodity trade between the U.S. and Brazil. North American Journal of Economics and Finance, 25, 70-93. Baum, C.F.,& Caglayan, M. (2010). On the sensitivity of the volüme and volatility of bilateral trade flows to exchange rate uncertanity. Journal of International Money and Finance, 29, 79-93. Broll, U., & Eckwert, B. (1999). Exchange rate volatility and international trade. Southern Economic Journal, 66(1), 178-185. Byrne, J.P., Darby, J., MacDonald, R. (2008). U.S. trade and exchange rate volatility: A real sectoral bilateral analysis. Journal of Macroeconomics, 30, 238-259. Clark, P.B., Tamirisa, N., Wei, S.J., Sadikov, A., Zeng, L. (2004). A new look at exchange rate volatility and trade flows. International Monetary Fund. Doganlar, M. (2002). Estimating the impact of exchange rate volatility on exports: Evidence from Asian countries. Applied Economic Letters, 9:13, 859-863. Grier, K.B., & Smallwood, A.D. (2013). Exchange rate shocks and trade: A multivariate GARCH-M approach. Journal of International Money and Finance, 37, 282-305. Hall, S., Hondroyiannis, G., Swamy, P.A.V.B., Tavlas, G., Ulan, M. (2010). Exchange rate volatility and export performance: Do emerging market economies resemble industrial countries or other developing countries? Economic Modelling, 27, 1514-1521. Hayakawa, K., & Kimura, F. (2009). The effect of exchange rate volatility on international trade in East Asia. Journal of the Japanese and International Economies, 23, 395-406. Hooper, P., & Kohlhagen, S.W. (1976). The effect of exchange rate uncertanity on the prices and volume of international trade. International Finance Discussion Paper. Mohammadi, T., Taghavi, M., Bandidarian, A. (2011). The effect of exchange rate uncertanity on import: TARCH approach. International Journal of Business Research, 1(4), 211-220. Mougoue, M., & Aggarwal, R. (2011). Trading volüme and exchnage rate volatility: Evidence fort he sequential arrival of information hypothesis. Journal of Banking and Finance, 35, 2690-2703. Nishimura, Y., & Hirayama, K. (2013). Does exchange rate volatility deter Japan China trade? Evidence from pre and post exchange rate reform in China. Japan and the World Economy, 25-26, 90-101. Poon, W.C., Choong, C.K., Habibullah, M.S. (2005). Exchange rate volatility and exports for selected east Asian countries. ASEAN Economic Bulletin, Vol. 22, No.2, 144-159. Poon, W.C., & Hooy, C.W. (2013). Exchange rate volatility, exchange rate regime, and trade in OIC countries. Journal of Asia Pacific Business, 14:3, 182-201. Rose, A.K. (1999). One Money, one market: Estimating the effect of common currencies on trade. NBER Working Paper Series, Working Paper. 7432. Serenis, D. & Serenis, P. (2008). The impact of exchange rate volatility on exports: Evidence four European countries. International Conference on Applied Economics. Serenis, D., & Serenis, P. (2010). Exchange rate volatility, the E.U. and sectoral exports: New empirical evidence from the chemical sector. Research in World Economy, Vol. 1, No. 1. Srinivasan, P., & Kalaivani, M. (2012). Exchange rate volatility and export growth in India: An empirical Investigation. Munich Personal Repec Archive, Paper No. 43828. Tenreyro, S. (2007). On the trade impact of nominal exchange rate volatility. Journal of Development Economics, 82, 485-508. Verheyen, F. (2012). Bilateral exports from Euro zone countries to the U.S: Does exchange rate variability play a role? International Review of Economic and Finance, 24, 97-108. Zelekha, Y., & Bar-Efrat, O. (2011). The link between exchange rate uncertanity and Israeli exports to the U.S: 2SLS and cointegration approaches. Research in Economics, 65, 100-109.
Journal Section Makaleler
Authors

Author: Fındık Özlem Alper

Dates

Publication Date : October 15, 2014

Bibtex @research article { cusosbil352032, journal = {Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi}, issn = {1304-8880}, eissn = {1304-8899}, address = {}, publisher = {Cukurova University}, year = {2014}, volume = {23}, pages = {29 - 46}, doi = {}, title = {Impact Of Exchange Rate Volatility On Trade: A Literature Survey}, key = {cite}, author = {Alper, Fındık Özlem} }
APA Alper, F . (2014). Impact Of Exchange Rate Volatility On Trade: A Literature Survey . Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi , 23 (2) , 29-46 . Retrieved from https://dergipark.org.tr/en/pub/cusosbil/issue/31959/352032
MLA Alper, F . "Impact Of Exchange Rate Volatility On Trade: A Literature Survey" . Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 23 (2014 ): 29-46 <https://dergipark.org.tr/en/pub/cusosbil/issue/31959/352032>
Chicago Alper, F . "Impact Of Exchange Rate Volatility On Trade: A Literature Survey". Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 23 (2014 ): 29-46
RIS TY - JOUR T1 - Impact Of Exchange Rate Volatility On Trade: A Literature Survey AU - Fındık Özlem Alper Y1 - 2014 PY - 2014 N1 - DO - T2 - Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi JF - Journal JO - JOR SP - 29 EP - 46 VL - 23 IS - 2 SN - 1304-8880-1304-8899 M3 - UR - Y2 - 2021 ER -
EndNote %0 Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Impact Of Exchange Rate Volatility On Trade: A Literature Survey %A Fındık Özlem Alper %T Impact Of Exchange Rate Volatility On Trade: A Literature Survey %D 2014 %J Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi %P 1304-8880-1304-8899 %V 23 %N 2 %R %U
ISNAD Alper, Fındık Özlem . "Impact Of Exchange Rate Volatility On Trade: A Literature Survey". Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 23 / 2 (October 2014): 29-46 .
AMA Alper F . Impact Of Exchange Rate Volatility On Trade: A Literature Survey. Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. 2014; 23(2): 29-46.
Vancouver Alper F . Impact Of Exchange Rate Volatility On Trade: A Literature Survey. Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. 2014; 23(2): 29-46.
IEEE F. Alper , "Impact Of Exchange Rate Volatility On Trade: A Literature Survey", Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, vol. 23, no. 2, pp. 29-46, Oct. 2014