Impact of Exchange Rate Volatility on the US Exports: A New Evidence From Multiple Threshold Nonlinear ARDL Model

• DOI: 10.1142/s1793993319500091
• Publication Date: 2019-07-09T06:43:17Z
• Authors: Bisharat Hussain ...; Suresh Kumar Oad ...; Niaz Ahmed Bhutto
• Keywords: 0502 economics and business; 05 social sciences

This study extends previous literature by examining the effect of extremely large to small changes in exchange rate volatility on US exports developing countries such as Brazil, India, Mexico, and South Africa. We use novel approach called multiple threshold nonlinear ARDL (MTNARDL) compare its results with models. The model supports insignificant results, whereas standard indicates asymmetric Mexico only. Finally, MTNARLD that short run, does not significantly differ from all sample countries. Whereas long is different findings this methodology suggest policies run run.