If you are experiencing problems downloading PDF or HTML fulltext, our helpdesk recommend clearing your browser cache and trying again. If you need help in clearing your cache, please click here . Still need help? Email help@ingentaconnect.com

The impacts of exchange rate volatility on vegetable trade flows

$54.78 plus tax (Refund Policy)

Buy Article:

Abstract:

Trade flows of commodities are generally affected by the principles of comparative advantage in a free trade. However, trade flows might be enhanced or distorted not only by various government interventions, but also by exchange rate fluctuations among others. This study applies a commodity-specific gravity model to selected vegetable trade flows among Organization for Economic Co-operation and Development (OECD) countries to determine the effects of exchange rate uncertainty on the trade flows. Using the data from 1996 to 2002, the results show that, while the exchange rate uncertainty significantly reduces trade in the majority of commodity flows, there is evidence that both short- and long-term volatility have positive effect on trade flows of specific commodities. This study also tests the regional preferential trade agreements such as the North American Free Trade Agreement (NAFTA), the Asia-Pacific Economic Cooperation (APEC) and the EU, and their different effects on commodities.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840802600137

Affiliations: 1: Department of Accounting, Agribusiness & Economics, South Carolina State University, 300 College Street, Orangeburg, SC, USA 2: Department of Business Administration, Yokohama National University, 79-4, Tokiwadai, Hodogaya-ku, Yokohama, 240 0067, Japan 3: Department of Finance, Duke University, Durham, NC, USA 4: Department of Business Administration, South Carolina State University, Orangeburg, SC, USA

Publication date: May 1, 2011

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect 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