The long-run and short-run effects of exchange-rate volatility on exports: The case of Australia and New Zealand

被引：0
|
作者：
Arize A.C. [1 ]
Malindretos J. [2 ]
机构：
[1] College of Business and Technology, Texas A and M University - Commerce, Commerce
[2] Department of Economics and Finance, College of Business Administration, St. John's University
来源：
Journal of Economics and Finance | 1998年 / 22卷 / 2-3期
关键词：
Exchange Rate; Ordinary Little Square; Unit Root; Real Exchange Rate; Money Demand;
D O I：
10.1007/BF02771475
中图分类号：
学科分类号：
摘要：
In this paper we obtain and interpret estimates of the short- and longrun influence of exchange-rate volatility (or risk) on the volume of trade of two Pacific-Basin Countries, Australia and New Zealand, in the generalized floating exchange-rate period. For each country, a unique, theoretically consistent long-run function is estimated, as well as a short-run dynamic demand function that is formally superior to a number of previous estimates.
引用
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页码：43 / 56
页数：13
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