Impact of Exchange Rate Fluctuation on Trade Value-Taking UK as an Example

DOI

10.2991/icmess-18.2018.250How to use a DOI?

Keywords

Aggregate Export; Exchange Rate Fluctuation; Manufacturing Output index; REER

Abstract

The main purpose of this paper is to study the impact of exchange rate fluctuations on UK exports during the UK referendum. Many scholars studied the impact in history, but they did not come to the same conclusion. Therefore, further research is needed. A metrological model is adopted in this paper. The dependent variable in this model is UK aggregate exports, and the explanatory variables are REER and UK total manufacturing output index. The result shows that with the background of the globalization of trade, the fluctuation of exchange rate has limited impact on aggregate exports.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yinjie Chu
PY  - 2018/06
DA  - 2018/06
TI  - Impact of Exchange Rate Fluctuation on Trade Value-Taking UK as an Example
BT  - Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
PB  - Atlantis Press
SP  - 1127
EP  - 1132
SN  - 2352-5398
UR  - https://doi.org/10.2991/icmess-18.2018.250
DO  - 10.2991/icmess-18.2018.250
ID  - Chu2018/06
ER  -