Fogarasi, József (2011): The Effect of Exchange Rate Volatility upon Foreign Trade of Hungarian Agricultural Products. Studies in Agricultural Economics, 113 (1). pp. 85-96. ISSN 1418-2106
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Abstract
This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows of transition economies in Central Europe by studying the case of Hungarian agricultural exports to their export destination countries between 1999 and 2008. Based on a gravity model that controls for other factors likely to determine bilateral trade, the results show that nominal exchange rate volatility has had a significant positive effect on agricultural trade over this period. This positive effect of exchange rate volatility on agricultural exports suggests that agri-food entrepreneurs are not interested in speeding up the process of joining Hungary to the euro zone.
| Item Type: | Article |
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| Uncontrolled Keywords: | international trade, gravity model, exchange rate volatility |
| Subjects: | Q - Agricultural and Natural Resource Economics – Environmental and Ecological Economics Q - Agricultural and Natural Resource Economics – Environmental and Ecological Economics > Q00 - General |
| Depositing User: | István Ady |
| Date Deposited: | 14 Feb 2018 13:36 |
| Last Modified: | 14 Feb 2018 13:36 |
| URI: | http://repo.aki.gov.hu/id/eprint/2215 |
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