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Title: |
The Impact of Exchange-Rate Uncertainty on
Export Growth: Evidence from Korean Data |
| Author: |
Arize, A. C. |
| Author
Affiliation: |
TX A&M U |
| Source: |
International Economic Journal, Autumn 1996, v. 10, no. 3, pp. 49-60 |
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Publication Date: |
Autumn 1996 |
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Abstract: |
The statistical relationship between
exports and real exchange-rate uncertainty has been examined extensively
in recent years for a variety of industrial countries. However, very
little, if any, work has been done on developing economies. In this
paper, we investigate this relationship for the developing economy of
Korea, using multivariate cointegration and error-correction techniques.
The major result suggests that real exchange-rate uncertainty has a
negative effect on exports in the short-run as well as the long-run. |
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