000209225 001__ 209225 000209225 005__ 20210819132736.0 000209225 0247_ $$2doi$$a10.22004/ag.econ.209225 000209225 037__ $$a872-2016-60891 000209225 041__ $$aeng 000209225 084__ $$aGrain trade 000209225 084__ $$aexchange rate volatility 000209225 084__ $$asectoral gravity model 000209225 245__ $$aExchange Rate Volatility and Grain Trade: A Gravity Model Analysis at the Sectoral Level 000209225 260__ $$c2015 000209225 269__ $$a2015 000209225 270__ $$mssteinbach@ethz.ch$$pSteinbach, Sandro 000209225 300__ $$a3 000209225 336__ $$aConference Paper/ Presentation 000209225 490__ $$aPoster 000209225 490__ $$aP1 000209225 520__ $$aThere has been a controversy among economists on whether exchange rate volatility has a negative effect on trade. We will investigate this issue by making use of a sectoral gravity model of global grain trade. Our identification strategy carefully addresses endogeneity issues present in earlier studies. Using a long panel, we are able to show that exchange rate volatility has a negative impact on bilateral export trade flows. The magnitude of this effect can vary widely, depending on the market under study, which is an indicator for substantial heterogeneity among sectors. 000209225 546__ $$aEnglish 000209225 650__ $$aAgricultural and Food Policy 000209225 650__ $$aInternational Relations/Trade 000209225 700__ $$aSteinbach, Sandro 000209225 773__ $$d2015 000209225 8564_ $$9dbb00d08-fd66-4dc2-b201-6606e16f05c8$$s160957$$uhttps://ageconsearch.umn.edu/record/209225/files/P1-198-Steinbach-Exchange_Rate_Volatility_and_Grain_Trade.pdf 000209225 887__ $$ahttp://purl.umn.edu/209225 000209225 909CO $$ooai:ageconsearch.umn.edu:209225$$pGLOBAL_SET 000209225 912__ $$nSubmitted by Peter Weingarten (gewisola@ti.bund.de) on 2015-09-16T12:52:54Z No. of bitstreams: 1 P1-198-Steinbach-Exchange_Rate_Volatility_and_Grain_Trade.pdf: 160957 bytes, checksum: f4b9bf57ea617edff81ad0358befd556 (MD5) 000209225 912__ $$nMade available in DSpace on 2015-09-16T12:52:54Z (GMT). No. of bitstreams: 1 P1-198-Steinbach-Exchange_Rate_Volatility_and_Grain_Trade.pdf: 160957 bytes, checksum: f4b9bf57ea617edff81ad0358befd556 (MD5) Previous issue date: 2015 000209225 913__ $$aLicense granted by Peter Weingarten (gewisola@ti.bund.de) on 2015-09-16T12:51:16Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000209225 980__ $$a872 000209225 982__ $$gGerman Association of Agricultural Economists (GEWISOLA)>55th Annual Conference, Giessen, Germany, September 23-25, 2015