The Dollar and U.S. Manufacturing

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 1998 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Linda S. Goldberg; Keith Crockett;

doi: 10.2139/ssrn.997032

The Dollar and U.S. Manufacturing

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Abstract

U.S. manufacturing industries are becoming increasingly sensitive to changes in the international value of the dollar. A look at recent studies of exchange rate effects on industry performance suggests that the 1997-98 rise in the dollar may significantly reduce U.S. producers' profits and compel firms to scale back their investment in new plants and equipment.

Related Organizations

National Bureau of Economic Research
United States
Federal Reserve Bank of New York
United States

Keywords

Dollar, American ; Manufactures ; Foreign exchange rates ; Capital investments ; Production (Economic theory)

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