Template-Type: ReDIF-Article 1.0
Author-Name: Antonio Aguirre  
Author-Workplace-Name: UFMG/Department of Economics, and CEPE (Centre for Research in International Economics)
Author-Name: Afonso Ferreira 
Author-Workplace-Name: FJP/School of Government, and CEPE (Centre for Research in International Economics)
Author-Name: Hilton Notini 
Author-Workplace-Name: FGV/Graduate School of Economics (EPGE)
Title: The Impact of Exchange Rate Volatility on Brazilian Manufactured Exports
Abstract: The purpose of this paper is to examine the relation between exchange rate volatility and the volume of exports, using Brazilian data. After establishing the existence of cointegration among the variables included in our model, we estimate the long run coefficients by means of an auto-regressive distributed lag (ARDL) model. Our results show that exchange rate volatility has significantly affected —in a negative way— Brazilian manufactured exports in the period 1986–2002. 
Classification-JEL: F3
Keywords: Exchange rate volatility, cointegration, auto-regressive distributed lag models
Journal: Económica
Pages: 3-19
Volume: LIII
Issue: 1-2
Year: 2007
Month: January-December
File-URL: https://revistas.unlp.edu.ar/Economica/article/view/5494/4499
File-Format: Application/pdf
Handle: RePEc:akh:journl:554