환율의 변동성과 불균형이 수출성과에 미치는 영향 : 동아시아 8개국을 중심으로

• 영문명: The Effects of Exchange Rate Volatility and Misalignment on Export Performance : Evidence from Eight East Asian Countries
• 발행기관: 한국무역연구원
• 저자명: 이종하(Jong-Ha Lee) 이준원(Joun-Won Lee)
• 간행물 정보: 『무역연구』제15권 제3호, 227~253쪽, 전체 27쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2019.06.30

영문 초록

Purpose - This study is analyzes the effects of exchange rate volatility and misalignment on export performance using panel data composed of eight countries in East Asia from 2006 to 2017. Design/methodology/approach - The basic methodology in the study used the expor volume equation. In the analysis process, we considered the exchange rate volatility and misalignment variables. And we controlled the (t-1) value of import volume considering the characteristic of the East Asian countries that are doing intermediary trade. Also, the exchange rate misalignment was divided in to ‘systematic misalignment’ and ‘temporary misalignment’. Findings - As a result, the exchange rate volatility of East Asian countries did not have statistically significant effect on export performance. However, ‘systematic misalignment’ had a negative impact on export performance. Research implications or Originality - This means that the decrease in the exchange rate ‘systematic misalignment’ in East Asian countries can contribute to the improvement of actual export performance. And East Asian countries should try to bring the exchange rate to market equilibrium in the mid-long term.

목차

Ⅰ. 서론

Ⅱ. 선행연구 검토

Ⅲ. 자료 및 분석방법론

Ⅳ. 실증분석 결과

Ⅴ. 맺음말

키워드

Exchange Rate Volatility Exchange Rate Misalignment Export Systematic Misalignment Temporary Misalignment