국제화시대의 환율과 수출이 경제성장에 미치는 영향

• 영문명: A Study on the Relationship Among Exports, Exchange Rate, and Economic Growth
• 발행기관: 한국무역연구원
• 저자명: 김세영(Sae-Young Kima)
• 간행물 정보: 『무역연구』제12권 제4호, 257~267쪽, 전체 11쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2016.08.30

영문 초록

This paper aims to analyze the recent relationship among exports, exchange rate, and economic growth in Korea, Japan, and the US for the period from 2000 to 2013. It makes use of econometric procedures and empirical estimates for major currency-owned large economies and non-major currency-owned countries. One task for which the elasticities of international trade and real GDP are needed is in developing exchange rate assessments. This study found that there is a significant relationship going from exports and exchange rate to the real GDP. Based on the recent outcome of empirical tests, the increase in the exports helps explain economic growth, suggesting that the effect of the exports-led growth has been decreasing. We may guess that the US and Japan and their respective major currencies could have different value-and-volume-effects with Korea.

키워드

Causality Cointegration Economic Growth Exchange Rate Exports