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The exposure of U.S. manufacturing industries to exchange rates


The exposure of U.S. manufacturing industries to exchange rates

Safe asset demand and currency manipulation increase the dollar and the U.S. current account deficit. Deficits in manufacturing trade cause dislocation and ...

The Exposure of U.S. Manufacturing Industries to Exchange Rates

Dynamic OLS results indicate that US export elasticities exceed unity for automobiles, toys, wood, aluminum, iron, steel, and other goods.

The Exposure of U.S. Manufacturing Industries to Exchange Rates

The results indicate that U.S. exports of automobiles, toys, wood, aluminum, iron & steel, and several other goods tend to fall by more than 1% when the dollar ...

The Exposure of U.S. Manufacturing Industries to Exchange Rates

Safe asset demand and currency manipulation increase the dollar and the U.S. current account deficit. Deficits in manufacturing trade cause dislocation and ...

The Exposure of U.S. Manufacturing Industries to Exchange Rates

Aluminum stocks are the most exposed of any sector examined to the exchange rate. Returns on aluminum stocks fall by 1.15 percent in response to ...

Guest Contribution: “The Exposure of U.S. Manufacturing Industries ...

The results indicate that iron & steel and aluminum trade is sensitive to the exchange rate. A 10% stronger dollar would reduce steady state U.S. exports of ...

[PDF] The exposure of U.S. manufacturing industries to exchange ...

Abstract In this paper, we examined the asymmetric and symmetric effects of real exchange rate on bilateral trade balance between the United States and ...

The Exposure Of U.S. Manufacturing Industries To Exchange Rates

Editor's note: This article was originally published on May 21, 2018, by Menzie Chinn here. Today, we're fortunate to have Willem Thorbecke, ...

Industry-Specific Exchange Rates for the United States

ecent significant declines in the trade-weighted U.S. dollar again raise questions about what exchange rate fluctuations mean for U.S. producers and for ...

(PDF) Exchange Rate Exposure: Evidence from Industry-Specific ...

Exchange Rate Exposure: Evidence from Industry-Specific ; This study investigates exchange rate exposures for twenty U.S. manufacturing ; industries. Unlike prior ...

The Dollar and U.S. Manufacturing

A look at recent studies of exchange rate effects on industry performance suggests that the 1997-98 rise in the dollar may significantly reduce U.S. producers' ...

The Exchange-Rate Exposure of U.S. Multinationals - jstor

For reasons explained below, companies in the petroleum industry were also excluded from the sample, leaving 287 companies. This is the basic sample of U.S. ...

Investment in manufacturing, exchange rates and external exposure

On average, manufacturing sectors have evolved to being primarily import-exposed by the early 1980s. In low price-over-cost markup sectors, markups are ...

Exchange Rate Risk: Economic Exposure - Investopedia

It is caused by the effect of unexpected currency fluctuations on a company's future cash flows and market value and is long-term in nature. The impact can be ...

Exchange Rate Exposure Kathryn ME Dominguez and Linda L ...

This data source allows us to identify each country's major bilateral trading partners by industry. As shown in part 4 of Table 1, the Feenstra database covers ...

Exchange rate exposure and industry characteristics | Download Table

This study investigates exchange rate exposures for twenty US manufacturing industries. Unlike prior studies that mostly use multilateral exchange rate indexes.

The effect of markups on the exchange rate exposure of stock returns

On average, a 1 percent appreciation of the dollar decreases the return of the average industry by 0.13 percent. Consistent with our model's predictions, as an ...

Exchange rate exposure - University of Michigan

... exchange rate exposure at the industry level in the US, Japan and Canada. They find significant exposure in 11 of 39 US industries (28%) over the period 1979– ...

A Re-Examination of Exchange Rate Exposure Kathryn ME ...

“Exchange-rate exposure and industry characteristics: evidence from Canada, Japan and U.S.” Journal of International Money and Finance, 1993,12(1), pp. 29-45.

Exchange Rates and Industry Demands for Trade Protection

Several industry-specific characteristics determine the protectionist response to exchange rate changes, including the degree of exchange-rate pass-through, the ...