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Les effets de la variabilité des taux de change sur le commerce international. Une analyse pour le Canada

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  • Côté, Agathe

    (Banque du Canada)

Abstract

This paper examines the impact of the variability of the Canadian dollar effective exchange rate on the volumes and prices of Canadian trade during the recent floating exchange rate regime. The effects of two distinct types of variability on total trade flows, as well as on trade disaggregated by category are empirically assessed. Even though the two measures of variability have statistically significant impacts in some equations, their effects turn out to be economically negligible. Cette étude examine l’impact de la variabilité du taux de change effectif du dollar canadien sur le volume et le prix des échanges extérieurs du Canada pendant la dernière période de taux de change flottant. L’effet de deux types distincts de variabilité sur l’ensemble des échanges extérieurs de biens ainsi que sur les échanges de certains sous-groupes est évalué empiriquement. Bien que la variabilité ait dans certaines équations un impact statistiquement significatif, elle apparaît avoir un effet négligeable en termes économiques.

Suggested Citation

  • Côté, Agathe, 1986. "Les effets de la variabilité des taux de change sur le commerce international. Une analyse pour le Canada," L'Actualité Economique, Société Canadienne de Science Economique, vol. 62(4), pages 501-520, décembre.
    • Handle: RePEc:ris:actuec:v:62:y:1986:i:4:p:501-520
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    References listed on IDEAS

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    1. Cushman, David O., 1983. "The effects of real exchange rate risk on international trade," Journal of International Economics, Elsevier, vol. 15(1-2), pages 45-63, August.
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    3. Kenen, Peter B & Rodrik, Dani, 1986. "Measuring and Analyzing the Effects of Short-term Volatility in Real Exchange Rates," The Review of Economics and Statistics, MIT Press, vol. 68(2), pages 311-315, May.
    4. Dean A. DeRosa & Victoria S. Farrell & T. Ashby McCown, 1983. "Effects of exchange rate variability on international trade and other economic variables : a review of the literature," Staff Studies 130, Board of Governors of the Federal Reserve System (U.S.).
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