Abstract

This study investigates the relationship between real exports and exchange rate risk for Turkish firms between 2001 and 2003. Different from earlier studies, the analysis is conducted at the firm level with an exchange rate risk specific to the individual firm. Results show that real exports are negatively impacted by an increase in exchange rate risk. In addition, size of the trade volume and the dependence on domestic market for revenue generation are found to be important for the aforementioned relationship.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call