@article{Steinbach:209225,
      recid = {209225},
      author = {Steinbach, Sandro},
      title = {Exchange Rate Volatility and Grain Trade: A Gravity Model  Analysis at the Sectoral Level},
      address = {2015},
      number = {872-2016-60891},
      series = {Poster},
      pages = {3},
      year = {2015},
      abstract = {There has been a controversy among economists on whether  exchange rate volatility has a negative effect on trade. We  will investigate this issue by making use of a sectoral  gravity model of global grain trade. Our identification  strategy carefully addresses endogeneity issues present in  earlier studies. Using a long panel, we are able to show  that exchange rate volatility has a negative impact on  bilateral export trade flows. The magnitude of this effect  can vary widely, depending on the market under study, which  is an indicator for substantial heterogeneity among  sectors.},
      url = {http://ageconsearch.umn.edu/record/209225},
      doi = {https://doi.org/10.22004/ag.econ.209225},
}