- The Role of Global Production Linkage on the Exchange Rate Elasticity of Firm Exports
- ㆍ 저자명
- Hyo Sang Kim
- ㆍ 간행물명
- KIEP Opinions
- ㆍ 권/호정보
- 2019년|pp.1-2 (2 pages)
- ㆍ 발행정보
- 대외경제정책연구원|한국
- ㆍ 파일정보
- 기타|eng| PDF텍스트
- ㆍ 주제분야
- 사회과학
Global production linkages alleviate the effect of exchange rates on firm exports. Choi and Kim (2018) explore whether global production linkage through foreign ownership and foreign subsidiaries contributes to weakening the effectiveness of changes in exchange rates on firm exports. Choi and Kim (2018) empirically find that the exchange rate elasticities of firm exports are significant and negative for domestic firms or firms with no foreign subsidiary, whereas those are insignificant for foreign-owned firms or firms with foreign subsidiaries.