References
- Aristotelous , K . 2001 . Exchange rate volatility, exchange rate regime, and trade volume: evidence from the UK–US export function (1889–1999) . Economics Letters , 72 : 87 – 94 .
- Arize , AC . 1995 . The effects of exchange rate volatility on US exports: an empirical investigation . Southern Economic Journal , 62 : 34 – 43 .
- Arize , AC , Osang , T and Slottje , DJ . 2000 . Exchange rate volatility and foreign trade: evidence from thirteen LDCs . Journal of Business and Economic Statistics , 18 : 10 – 7 .
- Asseery , A and Peel , DA . 1991 . The effects of exchange rate volatility on exports: some new estimates . Economics Letters , 37 : 173 – 7 .
- Bahmani-Oskooee , M and Hegerty , SW . 2007 . Exchange rate volatility and trade flows: a review article . Journal of Economic Studies , 34 : 211 – 55 .
- Bjørnland , HC and Hungnes , H . 2006 . The importance of interest rates for forecasting the exchange rate . Journal of Forecasting , 25 : 209 – 21 .
- Bollerslev , T . 1986 . Generalized autoregressive conditional heteroskedasticity . Journal of Econometrics , 31 : 307 – 27 .
- Boug , P , Cappelen , Å and Swensen , AR . 2006 . Expectations and regime robustness in price formation: evidence from vector autoregressive models and recursive methods . Empirical Economics , 31 : 821 – 45 .
- Bredin , D , Fountas , S and Murphy , E . 2003 . An empirical analysis of short-run and long-run Irish export functions: does exchange rate volatility matter? . International Review of Applied Economics , 17 : 193 – 208 .
- Caporale , T and Doroodian , K . 1994 . Exchange rate variability and the flow of international trade . Economics Letters , 46 : 49 – 54 .
- Choudhry , T . 1999 . Re-examining forward market efficiency: evidence from fractional and Harris-Inder cointegration tests . International Review of Economics and Finance , 8 : 433 – 53 .
- Choudhry , T . 2005 . Exchange rate volatility and the United States exports: evidence from Canada and Japan . Journal of the Japanese International Economics , 19 : 51 – 71 .
- Chowdhury , AR . 1993 . Does exchange rate volatility depress trade flows? Evidence from error-correction models . Review of Economics and Statistics , 75 : 700 – 6 .
- Cushman , DO . 1986 . Has exchange risk depressed international trade? The impact of third country exchange risk . Journal of International Money and Finance , 5 : 361 – 79 .
- De Grauwe , P . 1988 . Exchange rate variability and the slowdown in growth of international trade . IMF Staff Papers , 35 : 63 – 84 .
- De Grauwe , P . 1994 . The Economics of Monetary Integration , Oxford : Oxford University Press .
- de Vita , G and Abbott , A . 2004 . The impact of exchange rate volatility on UK exports to EU countries . Scottish Journal of Political Economy , 51 : 62 – 81 .
- Doornik , JA . 1998 . Approximations to the asymptotic distribution of cointegration tests . Journal of Economic Surveys , 12 : 573 – 93 .
- Doornik , JA and Hansen , H . 1994 . A practical test for univariate and multivariate normality Discussion Paper, Nuffield College, University of Oxford
- Doornik , JA and Hendry , DF . 2001a . Modelling Dynamic Systems Using PcGive, Vol. 2 , London : Timberlake Consultants Ltd .
- Doornik , JA and Hendry , DF . 2001b . Modelling Dynamic Systems Using PcGive, Vol. 3 , London : Timberlake Consultants Ltd .
- Economic Survey . 1998 . Economic Trends, 1/1998 , Oslo : Statistics Norway .
- Economic Survey . 2007 . Economic Trends, 1/2007 , Oslo : Statistics Norway .
- Égert , B and Morales-Zumaquero , A . 2005 . Exchange rate regimes, foreign exchange volatility and export performance in Central and Eastern Europe Working Paper No. 782, William Davidson Institute. Available at http://ssrn.com/abstract=903123
- Engle , RF . 1982 . Autoregressive conditional heteroscedasticity with estimates of the variance of United Kingdom inflation . Econometrica , 50 : 987 – 1007 .
- Ethier , W . 1973 . International trade and the forward exchange market . American Economic Review , 63 : 494 – 503 .
- Fagereng , A . 2007 . Exchange rate volatility and export performance: evidence from disaggregated norwegian data Documents 7/2007, Statistics Norway, Oslo
- Fountas , S and Aristotelous , K . 1999 . Has the European monetary system led to more exports? Evidence from four European Union countries . Economics Letters , 62 : 357 – 63 .
- Franke , G . 1991 . Exchange rate volatility and international trading strategy . Journal of International Money and Finance , 10 : 292 – 307 .
- Giovannini , A . 1988 . Exchange rates and traded goods prices . Journal of International Economics , 24 : 45 – 68 .
- Harbo , I , Johansen , S , Nielsen , B and Rahbek , A . 1998 . Asymptotic inference on cointegrating rank in partial systems . Journal of Business and Economic Statistics , 16 : 388 – 99 .
- Harvey , AC . 1981 . The Econometric Analysis of Time Series , Deddington : Philip Allan .
- Hendry , DF and Doornik , JA . 2001 . Empirical Econometric Modelling Using PcGive: Volume 1 , London : Timberlake Consultants Ltd .
- Hendry , DF and Krolzig , H-M . 2001 . Automatic Econometric Model Selection Using PcGets , London : Timberlake Consultants Ltd .
- Holly , S . 1995 . Exchange rate uncertainty and export performance: supply and demand effects . Scottish Journal of Political Economy , 42 : 381 – 91 .
- Hooper , P and Kohlhagen , S . 1978 . The effect of exchange rate uncertainty on the prices and volume of international trade . Journal of International Economics , 8 : 483 – 511 .
- Johansen , S . 1995 . Likelihood-based Inference in Cointegrated Vector Autoregressive Models , New York : Oxford University Press .
- Juselius , K . 2006 . The Cointegrated VAR Model: Methodology and Applications , New York : Oxford University Press .
- Kroner , KF and Lastrapes , WD . 1993 . The impact of exchange rate volatility on international trade: reduced form estimates using the GARCH-in-mean model . Journal of International Money and Finance , 12 : 298 – 318 .
- Lee , J . 1999 . The effect of exchange rate volatility on trade in durables . Review of International Economics , 7 : 189 – 201 .
- McKenzie , MD . 1999 . The impact of exchange rate volatility on international trade flows . Journal of Economic Surveys , 13 : 71 – 106 .
- Pagan , AR . 1984 . Econometric issues in the analysis of regressions with generated regressors . International Economic Review , 25 : 221 – 47 .
- Pagan , A and Ullah , A . 1988 . The econometric analysis of models with risk terms . Journal of Applied Econometrics , 3 : 87 – 105 .
- Qian , Y and Varangis , P . 1994 . Does exchange rate volatility hinder export growth? . Empirical Economics , 19 : 371 – 96 .
- Rahbek , A and Mosconi , R . 1999 . Cointegration rank inference with stationary regressors in VAR models . Econometrics Journal , 2 : 76 – 91 .
- Ramsey , JB . 1969 . Tests for specification errors in classical linear least squares regression analysis . Journal of the Royal Statistical Society Series B , 31 : 350 – 71 .
- Sercu , P . 1992 . Exchange rates, exposure and the option to trade . Journal of International Money and Finance , 11 : 579 – 93 .
- Solakoglu , MN , Solakoglu , EG and Demirag , T . 2008 . Exchange rate volatility and exports: a firm-level analysis . Applied Economics , 40 : 921 – 9 .
- Sukar , A-H and Hassan , S . 2001 . US exports and time-varying volatility of real exchange rate . Global Finance Journal , 12 : 109 – 19 .
- Thursby , MC and Thursby , JG . 1987 . Bilateral trade flows, the linder hypothesis and exchange risk . Review of Economics and Statistics , 69 : 488 – 95 .
- Viaene , JM and de Vries , CG . 1992 . International trade and exchange rate volatility . European Economic Review , 36 : 1311 – 21 .
- White , H . 1980 . A heteroscedasticity-consistent covariance matrix estimator and a direct test for heteroscedasticity . Econometrica , 48 : 817 – 38 .