Cover Image

Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation

Due to ambiguity in the past literature, researchers have examined exchange rate volatility effect on trade using disaggregated data in recent years. Previous research has focused more on aggregated data having aggregation bias which has led to unnecessarily over-generalized findings. This study inv...

Full description

Saved in:
Bibliographic Details
Main Authors: Aftab, M., Ahmad, R., Ismail, I., Ahmed, M.
Format: Article
Published: Kluwer (now part of Springer) 2016
Subjects:
HG Finance
Online Access:http://eprints.um.edu.my/18081/
http://dx.doi.org/10.1007/s10663-015-9302-6
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.um.eprints.18081
record_format eprints
spelling my.um.eprints.180812017-10-24T03:07:06Z http://eprints.um.edu.my/18081/ Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation Aftab, M. Ahmad, R. Ismail, I. Ahmed, M. HG Finance Due to ambiguity in the past literature, researchers have examined exchange rate volatility effect on trade using disaggregated data in recent years. Previous research has focused more on aggregated data having aggregation bias which has led to unnecessarily over-generalized findings. This study investigates the impact of exchange rate volatility on the Malaysian bilateral trade flows with European Union using industry level data. Our empirical findings, based on auto-regressive distributed lag framework, suggest that many import and export industries experience exchange rate volatility influence in the short run, while a very small number of industries show this effect in the long run. Moreover, the adverse impact of financial crisis (2007–2008) is more prevalent on import industries compared to export industries. Kluwer (now part of Springer) 2016 Article PeerReviewed Aftab, M. and Ahmad, R. and Ismail, I. and Ahmed, M. (2016) Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation. Empirica, 43 (3). pp. 461-485. ISSN 0340-8744 http://dx.doi.org/10.1007/s10663-015-9302-6 doi:10.1007/s10663-015-9302-6
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic HG Finance
spellingShingle HG Finance
Aftab, M.
Ahmad, R.
Ismail, I.
Ahmed, M.
Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation
description Due to ambiguity in the past literature, researchers have examined exchange rate volatility effect on trade using disaggregated data in recent years. Previous research has focused more on aggregated data having aggregation bias which has led to unnecessarily over-generalized findings. This study investigates the impact of exchange rate volatility on the Malaysian bilateral trade flows with European Union using industry level data. Our empirical findings, based on auto-regressive distributed lag framework, suggest that many import and export industries experience exchange rate volatility influence in the short run, while a very small number of industries show this effect in the long run. Moreover, the adverse impact of financial crisis (2007–2008) is more prevalent on import industries compared to export industries.
format Article
author Aftab, M.
Ahmad, R.
Ismail, I.
Ahmed, M.
author_facet Aftab, M.
Ahmad, R.
Ismail, I.
Ahmed, M.
author_sort Aftab, M.
title Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation
title_short Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation
title_full Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation
title_fullStr Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation
title_full_unstemmed Does exchange-rate uncertainty matter in the Malaysia–E.U. bilateral trade? An industry level investigation
title_sort does exchange-rate uncertainty matter in the malaysia–e.u. bilateral trade? an industry level investigation
publisher Kluwer (now part of Springer)
publishDate 2016
url http://eprints.um.edu.my/18081/
http://dx.doi.org/10.1007/s10663-015-9302-6
_version_ 1643690604356435968
score 13.211869

Similar Items