Exchange-rate volatility and commodity trade between the E.U. and Egypt: evidence from 59 industries

Verfasser / Beitragende:
[Mohsen Bahmani-Oskooee, Scott Hegerty, Amr Hosny]
Ort, Verlag, Jahr:
2015
Enthalten in:
Empirica, 42/1(2015-02-01), 109-129
Format:
Artikel (online)
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024 7 0 |a 10.1007/s10663-014-9250-6  |2 doi 
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245 0 0 |a Exchange-rate volatility and commodity trade between the E.U. and Egypt: evidence from 59 industries  |h [Elektronische Daten]  |c [Mohsen Bahmani-Oskooee, Scott Hegerty, Amr Hosny] 
520 3 |a In recent years, the effects of exchange-rate risk on trade flows have been studied for numerous cases, with studies focusing on disaggregated, industry-level exports and imports for a pair of countries' import and export volumes. This study examines the specific case of Egypt's trade with the European Union, applying cointegration analysis to quarterly data for 59 industries' export and import flows. We find that, compared to studies of other countries, relatively few trade flows respond to increased risk in the short run. In the long run, however, a large proportion responds negatively. These include the major industries of petroleum and gas. Further analysis suggests that non-manufactures are particularly susceptible to increased risk, particularly for Egyptian exports. 
540 |a Springer Science+Business Media New York, 2014 
690 7 |a Exchange rate volatility  |2 nationallicence 
690 7 |a Industry data  |2 nationallicence 
690 7 |a Egypt  |2 nationallicence 
690 7 |a European Union  |2 nationallicence 
690 7 |a Bounds testing  |2 nationallicence 
700 1 |a Bahmani-Oskooee  |D Mohsen  |u Center for Research on International Economics, University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA  |4 aut 
700 1 |a Hegerty  |D Scott  |u Department of Economics, Northeastern Illinois University, 60625, Chicago, IL, USA  |4 aut 
700 1 |a Hosny  |D Amr  |u International Monetary Fund, 700 19th Street, N.W., 20431, Washington, DC, USA  |4 aut 
773 0 |t Empirica  |d Springer US; http://www.springer-ny.com  |g 42/1(2015-02-01), 109-129  |x 0340-8744  |q 42:1<109  |1 2015  |2 42  |o 10663 
856 4 0 |u https://doi.org/10.1007/s10663-014-9250-6  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Bahmani-Oskooee  |D Mohsen  |u Center for Research on International Economics, University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Hegerty  |D Scott  |u Department of Economics, Northeastern Illinois University, 60625, Chicago, IL, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Hosny  |D Amr  |u International Monetary Fund, 700 19th Street, N.W., 20431, Washington, DC, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Empirica  |d Springer US; http://www.springer-ny.com  |g 42/1(2015-02-01), 109-129  |x 0340-8744  |q 42:1<109  |1 2015  |2 42  |o 10663