Exchange Rate Volatility and Grain Trade: A Gravity Model Analysis at the Sectoral Level
| dc.creator | Steinbach, Sandro | |
| dc.date | 2017-04-01T19:30:39Z | |
| dc.date.accessioned | 2026-07-09T09:36:25Z | |
| dc.description | There has been a controversy among economists on whether exchange rate volatility has a negative effect on trade. We will investigate this issue by making use of a sectoral gravity model of global grain trade. Our identification strategy carefully addresses endogeneity issues present in earlier studies. Using a long panel, we are able to show that exchange rate volatility has a negative impact on bilateral export trade flows. The magnitude of this effect can vary widely, depending on the market under study, which is an indicator for substantial heterogeneity among sectors. | |
| dc.identifier | doi:10.22004/ag.econ.209225 | |
| dc.identifier | https://ageconsearch.umn.edu/record/209225/files/P1-198-Steinbach-Exchange_Rate_Volatility_and_Grain_Trade.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/209225 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/610527 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/209225 | |
| dc.title | Exchange Rate Volatility and Grain Trade: A Gravity Model Analysis at the Sectoral Level | |
| dc.type | Text |