Are exports a monotonic function of exchange rate volatility? Evidence from disaggregated pork exports

Canadian Journal of Economics

Volumn 40, Issue 1, 2007, Pages 127-154

  Bonroy, Olivier ^a   Gervais, Jean Philippe ^b   Larue, Bruno ^b  

^a AGROCAMPUS OUEST   (France)

^b UNIVERSITÉ LAVAL   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

AGRICULTURAL PRODUCTION; ESTIMATION METHOD; EXCHANGE RATE; EXPORT; FOOD PROCESSING; MARKETING; RISK ASSESSMENT;

ASIA; CANADA; EURASIA; FAR EAST; JAPAN; NORTH AMERICA; QUEBEC [CANADA]; UNITED STATES;

EID: 33846679343     PISSN: 00084085     EISSN: 15405982     Source Type: Journal    
DOI: 10.1111/j.1365-2966.2007.00402.x     Document Type: Article

References (27)

1. Arize, Augustine C., Thomas Osang, and Daniel J. Slottje (2000) 'Exchange fate volatility and foreign trade: Evidence from thirteen LDC's,' Journal of Business Economics and Statistics 18, 10-17
2. Asseery, A., and D.A. Peel (1991) 'The effects of exchange rate volatility on exports: Some new estimates,' Economics Letters 37, 173-7
3. Baum, Christopher F., Mustafa Caglayan, and Neslihan Ozkam (2004) 'Nonlinear effects of exchange rate volatility on the volume of bilateral exports,' Journal of Applied Econometrics 19, 1-23
4. Broll, Udo, and Bernhard Eckwert (1999) 'Exchange rate volatility and international trade,' Southern Economic Journal 66, 178-85
5. Carrion-i-Silvestre, Josep Lluis, Andreu Sanso-i-Rossello, and Manuel Artis Ortuno (2001) 'Unit root and stationarity tests' wedding,' Economics Letters 70, 1-8
6. Cho, Guedae, Ian M. Sheldon, and Steve McCorriston (2002) 'Exchange rate uncertainty and agricultural trade,' American Journal of Agricultural Economics 84, 931-42
7. Chowdhury, Abdur R. (1993) 'Does exchange rate volatility depress trade flows?Evidence from error-correction models,' Review of Economics and Statistics 75, 700-6
8. Dahl, Christian M. (2002) 'An investigation of tests for linearity and the accuracy of maximum likelihood based inference using random fields,' Econometrics Journal 5, 263-84
9. Davidson, Russel, and James Mackinnon (1993) Estimation and Inference in Econometrics (London: Oxford University Press)
10. Dellas, Harris, Ben-Zion Zilberfarb (1993) 'Real exchange rate volatility and international trade: A re-examination of the theory,' Southern Economic Journal 59, 641-7
11. Diebold, Francis, and Roberto Mariano (1995) 'Comparing predictive accuracy,' Journal of Business and Economic Statistics 13, 253-63
12. Franke, Gunter (1991) 'Exchange rate volatility and international trade,' Journal of International Trade and Finance 10, 292-305
13. Hall, Alastair (1994) 'Testing for a unit root in time series with pretest data-based model selection,' Journal of Business and Economic Statistics 12, 461-70
14. Hamilton, James D. (2001) 'A parametric approach to flexible nonlinear inference,' Econometrica 69, 537-73
15. Hamilton, James D (2003) 'What is an oil shock?' Journal of Econometrics 113, 363-98
16. Hooper, Peter and Steven Kohlhagen (1978) 'The effect of exchange rate uncertainty on the price and volume of international trade,' Journal of International Economics 8, 483-511
17. Kwiatkowski, Denis, Peter C.B. Phillips, Peter Schmidt, and Yongcheol Shin (1992) 'Testing the hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root?' Journal of Econometrics 54, 159-78
18. Larue, Bruno, Robert Romain, Jean-Philippe Gervais, and Sami Ben Salha (2000) 'The collusion deterring effect of pre-attributed supplies and the hog auction in Quebec,' Canadian Journal of Agricultural Economics 48, 607-22
19. Lee, Young-Sook, Tae-Hwan Kim, and Paul Newbold (2005) 'Spurious nonlinear regressions in econometrics,' Economics Letters 87, 301-6
20. Levy, Haim, and Harry M. Markowitz (1979) 'Approximating expected utility by a function of mean and variance,' American Economic Review 69, 308-17
21. Lopez, Rigoberto, A. M. Azzam, and C. Liron-Espana (2002) 'Market power and/or efficiency: A structural approach,' Review of Industrial Organization 20, 115-26
22. Maddala, G.S., and In-Moo Kim (1998) Unit Roots, Cointegration and Structural Change (Cambridge: Cambridge University Press)
23. McKenzie, Michael D. (1999) 'The impact of exchange rate volatility on international trade flows,' Journal of Economic Surveys 13, 71-106
24. Obara, Kakuyu, John Dyck, and Jim Stout (2004) 'Pork policies in Japan,' ERS-USDA Electronic Outlook Report, Washington, DC. Downloaded 30 November 2004 from http://www.ers.usda.gov/publications/ldp/mar03/ ldpm10501/ldpm10501.pdf
25. Rothschild, Michael, and Joseph. E. Stiglitz (1970) 'Increasing risk: A definition,' Journal of Economic Theory 2, 223-45
26. Sauer, Christine, and Alok K. Bohara (2001) 'Exchange rate volatility and exports: Regional differences between developing and industrialized countries,' Review of International Economics 9, 133-52
27. Stahl, Dale. O. (1988) 'Bertrand competition for inputs and Walrasian outcomes,' American Economic Review 78, 189-201