The impact of real exchange rates on Swiss firms: Innovation, investment, productivity and business demography. Study on behalf of the State Secretariat for Economic Affairs SECO

Bericht

This report presents a comprehensive empirical investigation as to how exchange rate movements affect the size, investment, research and development activities, innovation driven production cost reductions, measured performance and the survival of Swiss firms. More specifically, the research questions are as follows: How do exchange rate movements affect firms' spending on research and development (R&D) and fixed capital as well as their efforts to reduce costs? What is the impact on labor productivity within firms? Do exchange rate movements have an impact on aspects of business demography such as employment growth and the survival of firms? In analyzing these questions, we also explore the heterogeneity of the exchange rate effects across different groups of firms, for example by the degree of international exposure, firm size and price-cost-margins.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: KOF Studien ; No. 109

Klassifikation und Themen

• Klassifikation: Wirtschaft

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kaiser, Boris ; Siegenthaler, Michael ; Spescha, Andrin ; Wörter, Martin
• Ereignis: Veröffentlichung
• (wer): ETH Zurich, KOF Swiss Economic Institute
• (wo): Zurich
• (wann): 2018

Weitere Informationen

• DOI: doi:10.3929/ethz-b-000262860
• Handle: http://hdl.handle.net/10419/184900
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ