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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15524 |
DP15524 Currency Shocks and Firm Behaviour in Ethiopia and Uganda | |
Tewodros Gebrewolde; Michael Koelle; Pramila Krishnan; Andualem Telaye Mengistu | |
发表日期 | 2020-12-07 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We examine the links between currency shocks and firm behaviour, with data from Ethiopia and Uganda, two countries with different exchange-rate regimes. We construct measures of currency shocks using matched customs and firm-level data, based on both the actual currency of invoicing and bilateral exchange rates. We find that currency depreciations based on the currency of invoicing to importers in Ethiopia lower the likelihood of using imported inputs, lower the share of imported inputs for firms, and lowers productivity. In contrast, there are no effects on any similar firm-level outcomes for Uganda. The use of bilateral currency shocks obtains confused results in both countries, signalling the value of using the currency of invoicing in this analysis. |
主题 | Development Economics |
关键词 | Currency of invoicing Currency shocks |
URL | https://cepr.org/publications/dp15524 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544526 |
推荐引用方式 GB/T 7714 | Tewodros Gebrewolde,Michael Koelle,Pramila Krishnan,et al. DP15524 Currency Shocks and Firm Behaviour in Ethiopia and Uganda. 2020. |
条目包含的文件 | 条目无相关文件。 |
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