Does black market exchange rate volatility deter the trade flows? Iranian experience

被引：28

作者：

Bahmani-Oskooee, M ^{[1
]}

机构：

[1] Univ Wisconsin, Ctr Res Int Econ, Milwaukee, WI 53201 USA

[2] Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA

来源：

APPLIED ECONOMICS | 2002年 / 34卷 / 18期

关键词：

D O I：

10.1080/00036840210138455

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Previous studies that investigated the impact of exchange rate volatility on the trade flows, employed official exchange rate data to construct a measure of exchange rate uncertainty. In this paper we show that in countries that there is a black market for foreign exchange, the black market exchange rate volatility could have adverse effect on the trade flows. We show this by using data from Iran and cointegration analysis.

引用

页码：2249 / 2255

页数：7

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