NSU Research Contributions
Title : How Sensitive are Britain's Inpayments and Outpayments to the Value of the British Pound
Authors : Mohsen Bahmani-Oskooee, Economidou, Gour Goswami
| Journal Title: Journal of Economic Studies | Volume Number: 32 | Publication Year : 2005 | Issue Number: 6 |
| Index: scopus | Ranking: Q1 | ISSN: 01443585 | Publisher Name: Emerald |
| Pages : 455-467 | |||
| Funding Source : None |
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Direct Sustainable Development Goals : SDG9 Industry, Innovation & Infrastructure |
Indirect Sustainable Development Goals : SDG8 Decent Work & Economic Growth |
Sustainable Development Sub Goals : Develop quality, sustainable infrastructure Promote inclusive and sustainable industrialization Upgrade infrastructure and retrofit industries to make them sustainable Increase trade support for least developed countries |
| Impact statement: To avoid aggregation bias by using trade data at the bilateral level, so that we can determine how sensitive Britain's inpayments and outpayments are to the value of the British pound. Design/methodology/approach The method is based on the bounds testing approach to cointegration and error?correction modeling. Findings The main finding is that while UK inpayments are not sensitive to the exchange rate, its outpayments are. Research limitations/implications Future research should focus on further disaggregating data, perhaps at the commodity level. Practical implications The results could be used to identify Britain's trading partners against which Britain can devalue the pound and improve its trade balance. Originality/value No study has attempted to test the impact of the pound's actual depreciation on Britain's payments and receipts with its major trading partners. | Collaboration: Partner University | Keywords: UK, Inpayments, Outpayments |
