Exchange rate uncertainty and export decisions in the UK

Article

Greenaway, D., Kneller, R. and Zhang, X. 2010. Exchange rate uncertainty and export decisions in the UK. Journal of economic integration. 25 (4), pp. 734-753.
TypeArticle
TitleExchange rate uncertainty and export decisions in the UK
AuthorsGreenaway, D., Kneller, R. and Zhang, X.
Abstract

Using data on UK manufacturing firms, we examine the effects of exchange rate uncertainty on firm decisions on export market entry and export intensity. The use of micro data and new measures of exchange rate uncertainty enable us to test for hysteresis effects in a new way and to test the sensitivity of results to a range of different measures. The results show that exchange rate uncertainty has little effect on firms’ export participation but a significant impact on export intensity. We find that industry heterogeneity is important and there would be serious problems of aggregation using pooling and aggregate data.

PublisherSejong University
JournalJournal of economic integration
ISSN1225-651X
Publication dates
PrintDec 2010
Publication process dates
Deposited31 Jan 2011
Output statusPublished
LanguageEnglish
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