Skip to main content

The response of industry employment to exchange rate shocks: evidence from panel cointegration

Buy Article:

$55.00 plus tax (Refund Policy)


This study investigates the long-run relationship between employment and exchange rate shocks at the industry level for France. Using panel unit roots and panel cointegration analysis, it is found that the French industries are quite sensitive to exchange rate changes. The estimated long-run elasticities reveal that exchange rates do influence industry employment in the expected way, that is, real appreciations are associated with decline in manufacturing for all industries in the sample.

Document Type: Research Article


Affiliations: 1: Department Economics, Dohuk University, Iraqi Kurdistan and Department of Financial Economics, University of Skövde, P.O. Box 408, SE-541 28, Skövde, Sweden 2: Department of Economics, University of Örebro, SE-701 82, Örebro, Sweden

Publication date: 2006-03-10

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more