| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w8558 |
| 来源ID | Working Paper 8558 |
| Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border | |
| Jeffrey R. Campbell; Beverly Lapham | |
| 发表日期 | 2001-10-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | Consumers living near the U.S.-Canada border can shift their expenditures between the two countries, so real exchange rate fluctuations can act as demand shocks to border areas' retail trade industries. Using annual county-level data, we estimate the effects of real exchange rates on the number of establishments and their average payroll in border counties for four retail industries. In three of the four industries we consider, the number of operating establishments responds either contemporaneously or with a lag of one year to real exchange rate movements. For these industries, the response of retailers' average size is less pronounced. The rapid response of net entry is inconsistent with any model of persistent deviations from purchasing power parity that depends on retailers' costs of changing nominal prices. |
| 主题 | International Economics ; International Macroeconomics ; Macroeconomics ; Business Cycles |
| URL | https://www.nber.org/papers/w8558 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566162 |
| 推荐引用方式 GB/T 7714 | Jeffrey R. Campbell,Beverly Lapham. Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border. 2001. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w8558.pdf（419KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
