Exchange Rate Risk Analysis Based on Firm Data: A Global Value Chain Perspective

<table class="table-group" id="tab3"><tr><td><table class="table"><tr><td class="thead-hr" colspan="4"><hr/></td></tr><tr class="thead"><td class="align_left"></td><td class="align_center">Exchange rate risk</td><td class="align_center">Forward linkage</td><td class="align_center">Backward linkage</td></tr><tr><td class="thead-hr" colspan="4"><hr/></td></tr><tr><td class="align_left">Exchange rate risk</td><td class="align_center">1.000</td><td class="align_left"> </td><td class="align_left"> </td></tr><tr><td class="align_left">Forward linkage</td><td class="align_center">−0.010</td><td class="align_center">1.000</td><td class="align_left"> </td></tr><tr><td class="align_left">Backward linkage</td><td class="align_center">−0.005</td><td class="align_center">0.276</td><td class="align_center">1.000</td></tr><tr class="table-tr"><td colspan="4"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Correlation coefficient matrix.</div>

Discrete Dynamics in Nature and Society

tab3

Table 3

Table 3: Exchange Rate Risk Analysis Based on Firm Data: A Global Value Chain Perspective 