A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2019; you can also visit the original URL.
The file type is
The Effect of Exchange Rate Changes on Trade in East Asia
Social Science Research Network
This paper considers how exchange rates affect East Asian trade. The evidence indicates that exports produced within regional production networks depend on exchange rates throughout the region while labor-intensive exports depend on exchange rates in the exporting country. These results make sense since the majority of the value-added of processed exports come from imported parts and components while most of the valueadded of labor-intensive exports comes from the domestic economy. Recentdoi:10.2139/ssrn.1743982 fatcat:romaftmkprhtzd2jzc6gthm744