The exchange rate and machinery and equipment imports: Identifying the impact of import source and export destination country currency valuation changes

@inproceedings{Landon2007TheER,
  title={The exchange rate and machinery and equipment imports: Identifying the impact of import source and export destination country currency valuation changes},
  author={Stuart Landon and Constance E. Smith},
  year={2007}
}
Abstract This paper presents estimates of the impact of exchange rate movements on the quantity of machinery and equipment imports. Many countries have become increasingly reliant on imports of these types of products and evidence in a number of studies indicates that investment in machinery and equipment contributes to improved productivity and growth. Unlike previous studies, this study differentiates between exchange rate movements with respect to machinery and equipment import source and… CONTINUE READING

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