Title:

Effective Exchange Rates and Merchandise Flows - an Empirical Analysis of Polish Foreign Trade

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Kursy efektywne a przepływy towarowe - analiza empiryczna polskiego handlu zagranicznego

Creator:

Michalczyk, Wawrzyniec

Subject and Keywords:

exchange rate ; foreign trade ; merchandise flows

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 136, s. 92-105

Abstrakt:

The author attempts to analyse links between merchandise flows in Polish foreign trade and the evolution of nominal and real exchange rate of zloty. As it turns out, the relations between the variables look similar like in theory although not in an entirely clear way. Essentially, however, the strengthening of zloty inhibits exports and stimulates imports, while reducing the income from the sale of goods abroad and increasing spending on imports results in the depreciation of Polish currency. Conducted econometric analysis indicates such connections; however, it is fraught with a large margin of error. On the other hand, the analysis of correlation coefficients suggests a positive relation between exchange rate and the size of trade, which, however, results to a large degree from a close link between the volume of imports and exports.

Publisher:

Publishing House of Wrocław University of Economics

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 136 ; Ekonomia, vol. 9 ; Macroeconomics

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu