This article examines the influence of exchange rate volatility on exports for three South American countries (Bolivia, Colombia and Guyana) in the period January 1973 to February 2010. Using a new measure of volatility, a significant negative relationship is found between aggregate exports and volatility.
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Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
Univ Wisconsin, Ctr Res Int Econ, Milwaukee, WI 53201 USAUniv Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
Bahmani-Oskooee, Mohsen
Harvey, Hanafiah
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Penn State Univ, Dept Econ, Mt Alto, PA 17237 USAUniv Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
Harvey, Hanafiah
Hegerty, Scott W.
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NE Illinois Univ, Dept Econ, Chicago, IL 60625 USAUniv Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
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Univ Hawaii Manoa, Sch Travel Ind Management, 2560 Campus Rd,George Hall 346, Honolulu, HI 96822 USAUniv Hawaii Manoa, Sch Travel Ind Management, 2560 Campus Rd,George Hall 346, Honolulu, HI 96822 USA
Chi, Junwook
Cheng, Seu Meow
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Univ Tasmania, Tasmanian Sch Business & Econ, Hobart, Tas 7006, AustraliaUniv Hawaii Manoa, Sch Travel Ind Management, 2560 Campus Rd,George Hall 346, Honolulu, HI 96822 USA