Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/55003
DC FieldValueLanguage
dc.contributor.authorSantana-Gallego, Mariaen_US
dc.contributor.authorPérez-Rodríguez, Jorge V.en_US
dc.date.accessioned2019-02-18T16:05:48Z-
dc.date.available2019-02-18T16:05:48Z-
dc.date.issued2019en_US
dc.identifier.issn1062-9408en_US
dc.identifier.urihttp://hdl.handle.net/10553/55003-
dc.description.abstractThe main objective of this paper is to study the impact of different exchange rate regimes on international trade and to analyze their performance during crises. To this end, a gravity equation for bilateral trade is estimated for a sample of 191 countries over the period 1970-2016 by adding a set of regressors built from a de factoclassification of exchange rate arrangements and the dates of recognized financial crises. Moreover, we differentiate between anchor currencies and direct and indirect exchange rate arrangements. The gravity model is consistently estimated by including three different types of high-dimensional fixed effects and using PPML estimates. The main empirical findings are: (i) other intermediate exchange rate regimes, between completely fixed and completely flexible, promote flows of goods between countries; (ii) results depend on the anchor currency and indirect arrangements do not have any significant impact on international trade; (iii) systemic banking crises negatively affect trade flows between countries; and (iv) the impact of the exchange rate regimes on trade during crisis depends on the anchor currency and whether the crisis takes place in the exporting or the importing country.
dc.languagespaen_US
dc.publisher1062-9408
dc.relation.ispartofNorth American Journal of Economics and Financeen_US
dc.sourceNorth American Journal of Economics and Finance[ISSN 1062-9408],v. 47, p. 85-95en_US
dc.subject.otherTransmission
dc.subject.otherContagion
dc.subject.otherMarket
dc.subject.otherImpact
dc.titleInternational trade, exchange rate regimes, and financial crisesen_US
dc.typeinfo:eu-repo/semantics/Articleen_US
dc.typeArticleen_US
dc.identifier.doi10.1016/j.najef.2018.11.009
dc.identifier.scopus85058443556
dc.identifier.isi000457665700007
dc.contributor.authorscopusid36119110700
dc.contributor.authorscopusid56216749800
dc.description.lastpage95-
dc.description.firstpage85-
dc.relation.volume47-
dc.type2Artículoen_US
dc.contributor.daisngid2325050
dc.contributor.daisngid1615612
dc.contributor.wosstandardWOS:Santana-Gallego, M
dc.contributor.wosstandardWOS:Perez-Rodriguez, JV
dc.date.coverdateEnero 2019
dc.identifier.ulpgces
dc.description.sjr0,536
dc.description.jcr1535,0
dc.description.sjrqQ2
dc.description.jcrqQ2
dc.description.ssciSSCI
item.grantfulltextnone-
item.fulltextSin texto completo-
crisitem.author.deptGIR Finanzas Cuantitativas y Computacionales-
crisitem.author.deptDepartamento de Métodos Cuantitativos en Economía y Gestión-
crisitem.author.orcid0000-0002-6738-9191-
crisitem.author.parentorgDepartamento de Métodos Cuantitativos en Economía y Gestión-
crisitem.author.fullNamePérez Rodríguez, Jorge Vicente-
Appears in Collections:Artículos
Show simple item record

SCOPUSTM   
Citations

14
checked on Aug 7, 2022

WEB OF SCIENCETM
Citations

12
checked on Aug 7, 2022

Page view(s)

58
checked on Aug 6, 2022

Google ScholarTM

Check

Altmetric


Share



Export metadata



Items in accedaCRIS are protected by copyright, with all rights reserved, unless otherwise indicated.