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Exchange rates and trade: the case of Irish exports to Britain

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Abstract:

This paper examines the effect of changes in the Punt/Sterling exchange rate on exports from Ireland to Britain. The approach used here differs significantly from that used in most other studies in that the long-run neutrality of the Punt/Sterling exchange rate with regard to exports from Ireland to Britain is tested using a recently developed technique. There is strong evidence that the exchange rate is neutral in the long run.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/000368400323029

Publication date: January 1, 2000

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