@article {Sheldon:2013:0003-6846:2067,
title = "Exchange rate uncertainty and US bilateral fresh fruit and fresh vegetable trade: an application of the gravity model",
journal = "Applied Economics",
parent_itemid = "infobike://routledg/raef",
publishercode ="routledg",
year = "2013",
volume = "45",
number = "15",
publication date ="2013-05-01T00:00:00",
pages = "2067-2082",
itemtype = "ARTICLE",
issn = "0003-6846",
eissn = "1466-4283",
url = "https://www.ingentaconnect.com/content/routledg/raef/2013/00000045/00000015/art00012",
doi = "doi:10.1080/00036846.2011.650330",
keyword = "F31, F14, C33, fresh fruit and fresh vegetables, panel data sets, exchange rates, uncertainty",
author = "Sheldon, I. and Mishra, S. Khadka and Pick, D. and Thompson, S. R.",
abstract = "In order to analyse the effect of exchange rate uncertainty, we apply an empirical gravity equation to two sets of US bilateral trade data: fresh fruit over the period 19761999 for a panel of 26 countries; and fresh vegetables over the period 19762006 for a panel of nine
countries. Based on panel estimation methods, and using both a moving SD measure and the Per{\’e}e and Steinherr (1989) measure of exchange rate uncertainty, the results show that US bilateral fresh fruit trade has been negatively affected by exchange rate uncertainty. We also find some
evidence that the exchange rate between the US dollar and the currencies of Latin American trading partners accounts for most of the negative impact of exchange rate uncertainty on bilateral trade flows in fresh fruit. In contrast, when using panel estimation methods and both measures of exchange
rate uncertainty, we find no statistically significant evidence for any negative effect of exchange rate uncertainty on US bilateral fresh vegetable trade. However, we do find a statistically significant negative effect for exchange rate uncertainty when we estimate a US export gravity equation
for fresh vegetables using the same panel of countries.",
}