2009
DOI: 10.1111/j.1467-9957.2008.02084.x
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Exchange Rate Sensitivity of Australia's Trade Flows: Evidence From Industry Data*

Abstract: In this paper we disaggregate the trade data between Australia and the USA by commodity and estimate import and export demand models for 108 commodities for which annual data over the 1962-2005 period were available. The results from the bounds testing approach to cointegration and error-correction modelling indicate that in the long run 41 export industries and 70 import industries are sensitive to the real value of the Australian dollar.

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Cited by 5 publications
(1 citation statement)
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“…Furthermore, Bahmani‐Oskooee and Wang (2009) have conducted another research adding two more years' data for the period of 1962–2005. In this paper they again use disaggregate trade data between Australia and the USA by commodity, and have estimated import and export demand models for the same 108 commodities.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Furthermore, Bahmani‐Oskooee and Wang (2009) have conducted another research adding two more years' data for the period of 1962–2005. In this paper they again use disaggregate trade data between Australia and the USA by commodity, and have estimated import and export demand models for the same 108 commodities.…”
Section: Literature Reviewmentioning
confidence: 99%