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Author: | Kugler, P. |
Title: | The common trend and common cycle of exports and the real exchange rate: empirical results from Swiss data |
Journal: | Weltwirtschaftliches Archiv
2000 : VOL. 136:1, p. 171-180 |
Index terms: | ECONOMICS EXCHANGE RATES EXPORTS |
Language: | eng |
Abstract: | In this paper, the authors empirically analyze the relationship between exports, the real exchange rate and world trade in a small open economy. By contrast to earlier studies, which focus on the effect of the real exchange rate on exports in the framework of dynamic regression models or a cointegration and/or error correction framework, the authors fully attempt to account separately for the trend and cyclical interdependence of these variables. |
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