<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1870-6622</journal-id>
<journal-title><![CDATA[EconoQuantum]]></journal-title>
<abbrev-journal-title><![CDATA[EconoQuantum]]></abbrev-journal-title>
<issn>1870-6622</issn>
<publisher>
<publisher-name><![CDATA[Universidad de Guadalajara]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1870-66222021000200057</article-id>
<article-id pub-id-type="doi">10.18381/eq.v18i2.7209</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[The impacts of the exchange rate volatility on colombian trade with its main trade partners]]></article-title>
<article-title xml:lang="es"><![CDATA[Impactos de la volatilidad cambial del comercio colombiano con sus principales socios comerciales]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Bittencourt]]></surname>
<given-names><![CDATA[Mauricio Vaz Lobo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Mosquera Agudelo]]></surname>
<given-names><![CDATA[Paula Andrea]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Federal University of Paraná  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2021</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2021</year>
</pub-date>
<volume>18</volume>
<numero>2</numero>
<fpage>57</fpage>
<lpage>81</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1870-66222021000200057&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1870-66222021000200057&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1870-66222021000200057&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract:  Objective:  To investigate the main impacts of the bilateral exchange rate (er) volatility on Colombian exports for its main trade partners for the period 2001-2019, with the use of control variables in addition to ER volatility measure, such as countries&#8217; GDP, distance, and dummy variables for contiguity and common language.  Methodology: Pooled OLS, Fixed and Random Effects Panel models, and Poisson Pseudo Maximum Likelihood model.  Results:  The results showed that ER volatility is harmful to the commercial relationship between Colombia and its trading partners. An increase of 1 % in the long term exchange rate volatility can reduce Colombian exports by 0.25-0.4%. Results also suggest that past information is particularly relevant in order to assess the impact of exchange rate volatility on trade. As expected, exporter and importer incomes can increase trade, and distance can reduce trade.  Limitations:  Sectoral data used can be better explored. Originality: For the first time this methodology and data analysis is used to investigate the impact of ER volatility on Colombian trade.  Conclusions:  Results add another empirical evidence to the literature of exchange rate and trade, where economic policies that aim to stabilize the exchange rate are likely to increase the volume of trade for Colombia and its trade partners.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen:  Objetivo:  Investigar los principales impactos de la volatilidad cambiaria sobre las exportaciones colombianas de sus principales socios comerciales para el periodo 2001-2019, con el uso de variables de control además de la medida de volatilidad cambiaria, como el pib de los países, distancia y dummy variables de contigüidad y lenguaje común.  Metodología: MCO agrupado, modelos de panel de efectos fijos y aleatorios y modelo de pseudo máxima verosimilitud de Poisson.  Resultados:  Los resultados mostraron que la volatilidad cambiaria es perjudicial para la relación comercial entre Colombia y sus socios comerciales. Un aumento de 1% en la volatilidad cambiaria en el largo plazo puede reducir las exportaciones colombianas en 0.25-0.4%. Los resultados también sugieren que la información pasada es particularmente relevante para evaluar el impacto de la volatilidad en el comercio. Como se esperaba, los ingresos de los exportadores e importadores pueden aumentar el comercio y la distancia puede reducir el comercio.  Limitaciones:  Los datos sectoriales utilizados se pueden explorar mejor.  Originalidad:  Por primera vez se utiliza esta metodología y análisis de datos para investigar el impacto de la volatilidad cambiaria en el comercio colombiano.  Conclusiones:  Los resultados añaden otra evidencia empírica a la literatura sobre tipo de cambio y comercio, donde las políticas económicas que apuntan a estabilizar el tipo de cambio probablemente aumentarán el volumen de comercio para Colombia y sus socios comerciales.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Volatilidad cambiaria]]></kwd>
<kwd lng="es"><![CDATA[ecuación de gravedad]]></kwd>
<kwd lng="es"><![CDATA[exportaciones]]></kwd>
<kwd lng="es"><![CDATA[Colombia]]></kwd>
<kwd lng="en"><![CDATA[Exchange rate volatility]]></kwd>
<kwd lng="en"><![CDATA[Gravity equation]]></kwd>
<kwd lng="en"><![CDATA[exports]]></kwd>
<kwd lng="en"><![CDATA[Colombia]]></kwd>
</kwd-group>
</article-meta>
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