caa a22 4500 605534241 CHVBK 20210128100841.0 cr unu---uuuuu 210128e20150201xx s 000 0 eng 10.1007/s10663-014-9250-6 doi (NATIONALLICENCE)springer-10.1007/s10663-014-9250-6 Exchange-rate volatility and commodity trade between the E.U. and Egypt: evidence from 59 industries [Elektronische Daten] [Mohsen Bahmani-Oskooee, Scott Hegerty, Amr Hosny] 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. Springer Science+Business Media New York, 2014 Exchange rate volatility nationallicence Industry data nationallicence Egypt nationallicence European Union nationallicence Bounds testing nationallicence Bahmani-Oskooee Mohsen Center for Research on International Economics, University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA aut Hegerty Scott Department of Economics, Northeastern Illinois University, 60625, Chicago, IL, USA aut Hosny Amr International Monetary Fund, 700 19th Street, N.W., 20431, Washington, DC, USA aut Empirica Springer US; http://www.springer-ny.com 42/1(2015-02-01), 109-129 0340-8744 42:1<109 2015 42 10663 https://doi.org/10.1007/s10663-014-9250-6 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10663-014-9250-6 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Bahmani-Oskooee Mohsen Center for Research on International Economics, University of Wisconsin-Milwaukee, 53201, Milwaukee, WI, USA aut NATIONALLICENCE 700 1- Hegerty Scott Department of Economics, Northeastern Illinois University, 60625, Chicago, IL, USA aut NATIONALLICENCE 700 1- Hosny Amr International Monetary Fund, 700 19th Street, N.W., 20431, Washington, DC, USA aut NATIONALLICENCE 773 0- Empirica Springer US; http://www.springer-ny.com 42/1(2015-02-01), 109-129 0340-8744 42:1<109 2015 42 10663