Series: IMF Working Papers
Author(s): Yoko Oguro , Kyoji Fukao , and Yougesh Khatri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2008
Keywords: Intra-industry trade, exchange rate, industry trade, elasticity of substitution, exchange rate movements,
This paper theoretically and empirically investigates export sensitivity to exchange rates in the context of intra-industry trade (IIT). It is assumed that more IIT implies a smaller elasticity of substitution amon...