Exchange rate exposure and real exports
Author(s)
Date
2010Source Title
Applied Economics Letters
Print ISSN
1350-4851
Electronic ISSN
1466-4291
Publisher
Routledge
Volume
17
Issue
5
Pages
457 - 462
Language
English
Type
ArticleItem Usage Stats
150
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108
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downloads
Abstract
This study investigates the relationship between real exports and exchange rate risk for Turkish firms between 2001 and 2003. Different from earlier studies, the analysis is conducted at the firm level with an exchange rate risk specific to the individual firm. Results show that real exports are negatively impacted by an increase in exchange rate risk. In addition, size of the trade volume and the dependence on domestic market for revenue generation are found to be important for the aforementioned relationship.