The Effect of the Exchange Rate on Industry-Level Trade Flows in Czechia
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F15%3A%230003664" target="_blank" >RIV/47813059:19520/15:#0003664 - isvavai.cz</a>
Result on the web
<a href="http://www.ekonomie-management.cz/download/1449656503_ad1a/11_THE+EFFECT+OF+THE+EXCHANGE+RATE.pdf" target="_blank" >http://www.ekonomie-management.cz/download/1449656503_ad1a/11_THE+EFFECT+OF+THE+EXCHANGE+RATE.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15240/tul/001/2015-4-011" target="_blank" >10.15240/tul/001/2015-4-011</a>
Alternative languages
Result language
angličtina
Original language name
The Effect of the Exchange Rate on Industry-Level Trade Flows in Czechia
Original language description
This paper is the ?rst study to use the disaggregated data of the Czech foreign trade to examine the effect of exchange rate levels and volatility on trade ?ows. Czechia is the appropriate economy to study this phenomenon because it is heavily involved in foreign trade predominantly owned by international investors and has been applying a ?oating exchange rate arrangement for many years. We analyze the period from 1993 to 2013 and disaggregate the data according to trading partner and product category.While the effect of exchange rate level is examined by a modi?ed vector error correction model the effect of exchange rate volatility is analyzed through an extended gravity model. The detailed results obtained from empirical estimations clearly show that the relationship between exchange rates and foreign trade in Czechia does not completely correspond with the theoretical assumptions. We revealed that domestic currency depreciation worsens in the long-term trade balance in substantial
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
E+M Ekonomie a Management
ISSN
1212-3609
e-ISSN
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Volume of the periodical
18
Issue of the periodical within the volume
4
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
16
Pages from-to
150-165
UT code for WoS article
000368316100011
EID of the result in the Scopus database
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