{"id":"https://openalex.org/W3124299331","doi":"https://doi.org/10.17863/cam.62848","title":"Dominant Currency Dynamics: Evidence on Dollar-invoicing from UK Exporters","display_name":"Dominant Currency Dynamics: Evidence on Dollar-invoicing from UK Exporters","publication_year":2020,"publication_date":"2020-11-26","ids":{"openalex":"https://openalex.org/W3124299331","doi":"https://doi.org/10.17863/cam.62848","mag":"3124299331"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:cam:camdae:20113","doi":null,"is_oa":false,"landing_page_url":"https://www.econ.cam.ac.uk/sites/default/files/publication-cwpe-pdfs/cwpe20113.pdf","pdf_url":"https://www.econ.cam.ac.uk/sites/default/files/publication-cwpe-pdfs/cwpe20113.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://www.repository.cam.ac.uk/handle/1810/315734","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5054470044","display_name":"Meredith A. Crowley","orcid":"https://orcid.org/0000-0003-2864-4580","observed_orcids":["https://orcid.org/0000-0003-2864-4580"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Crowley, M. A.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5047810275","display_name":"Lu Han","orcid":"https://orcid.org/0000-0002-5316-1209","observed_orcids":["https://orcid.org/0000-0002-5316-1209"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Han, L.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5054229272","display_name":"Minkyu Son","orcid":"https://orcid.org/0000-0001-8995-8597","observed_orcids":["https://orcid.org/0000-0001-8995-8597"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Son, M.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":6,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.8192999958992004,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.8192999958992004,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.16269999742507935,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.004999999888241291,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/currency-choice","display_name":"currency choice","score":0.5879999995231628},{"id":"https://openalex.org/keywords/prior-experience","display_name":"prior experience","score":0.6520000100135803},{"id":"https://openalex.org/keywords/strategic-complementarity","display_name":"strategic complementarity","score":0.9879999756813049},{"id":"https://openalex.org/keywords/competitor-behavior","display_name":"competitor behavior","score":0.49300000071525574},{"id":"https://openalex.org/keywords/residual-demand","display_name":"residual demand","score":0.8059999942779541},{"id":"https://openalex.org/keywords/uk-exporters","display_name":"UK exporters","score":0.6980000138282776},{"id":"https://openalex.org/keywords/international-trade","display_name":"international trade","score":0.671999990940094}],"concepts":[{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.7787432670593262},{"id":"https://openalex.org/C2781456945","wikidata":"https://www.wikidata.org/wiki/Q190581","display_name":"Invoice","level":2,"score":0.6781123876571655},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5876272320747375},{"id":"https://openalex.org/C151913843","wikidata":"https://www.wikidata.org/wiki/Q3454555","display_name":"Dominance (genetics)","level":3,"score":0.5828015804290771},{"id":"https://openalex.org/C202269582","wikidata":"https://www.wikidata.org/wiki/Q2644277","display_name":"Complementarity (molecular biology)","level":2,"score":0.5386398434638977},{"id":"https://openalex.org/C109168655","wikidata":"https://www.wikidata.org/wiki/Q242988","display_name":"Liberian dollar","level":2,"score":0.536742627620697},{"id":"https://openalex.org/C165705269","wikidata":"https://www.wikidata.org/wiki/Q1542397","display_name":"Foreign exchange risk","level":3,"score":0.4914361238479614},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.48555800318717957},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.48069149255752563},{"id":"https://openalex.org/C127576917","wikidata":"https://www.wikidata.org/wiki/Q624630","display_name":"Competitor analysis","level":2,"score":0.4671705663204193},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.46379217505455017},{"id":"https://openalex.org/C12472996","wikidata":"https://www.wikidata.org/wiki/Q756202","display_name":"Reserve currency","level":4,"score":0.44425347447395325},{"id":"https://openalex.org/C70455891","wikidata":"https://www.wikidata.org/wiki/Q220788","display_name":"Devaluation","level":3,"score":0.426120787858963},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.390169233083725},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.11939406394958496},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.08190974593162537},{"id":"https://openalex.org/C54355233","wikidata":"https://www.wikidata.org/wiki/Q7162","display_name":"Genetics","level":1,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"pmh:oai:RePEc:cam:camdae:20113","doi":null,"is_oa":false,"landing_page_url":"https://www.econ.cam.ac.uk/sites/default/files/publication-cwpe-pdfs/cwpe20113.pdf","pdf_url":"https://www.econ.cam.ac.uk/sites/default/files/publication-cwpe-pdfs/cwpe20113.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:liv:livedp:202104","doi":null,"is_oa":false,"landing_page_url":"https://www.liverpool.ac.uk/media/livacuk/schoolofmanagement/research/economics/Dominant,Currency,Dynamics,Evidence,on,Dollar,Invoicing,from,UK,Exporters.pdf","pdf_url":"https://www.liverpool.ac.uk/media/livacuk/schoolofmanagement/research/economics/Dominant,Currency,Dynamics,Evidence,on,Dollar,Invoicing,from,UK,Exporters.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:www.repository.cam.ac.uk:1810/315734","doi":null,"is_oa":true,"landing_page_url":"https://www.repository.cam.ac.uk/handle/1810/315734","pdf_url":"https://www.repository.cam.ac.uk/handle/1810/315734","source":{"id":"https://openalex.org/S4306401777","display_name":"Apollo (University of Cambridge)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I241749","host_organization_name":"University of Cambridge","host_organization_lineage":["https://openalex.org/I241749"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Working Paper"},{"id":"mag:3124299331","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/liv/livedp/202104.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3213737223","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3753892","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:cpr:ceprdp:15493","doi":null,"is_oa":false,"landing_page_url":"http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=15493","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"doi:10.17863/cam.62848","doi":"https://doi.org/10.17863/cam.62848","is_oa":true,"landing_page_url":"https://doi.org/10.17863/cam.62848","pdf_url":null,"source":{"id":"https://openalex.org/S7407050737","display_name":"Apollo","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:www.repository.cam.ac.uk:1810/315734","doi":null,"is_oa":true,"landing_page_url":"https://www.repository.cam.ac.uk/handle/1810/315734","pdf_url":"https://www.repository.cam.ac.uk/handle/1810/315734","source":{"id":"https://openalex.org/S4306401777","display_name":"Apollo (University of Cambridge)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I241749","host_organization_name":"University of Cambridge","host_organization_lineage":["https://openalex.org/I241749"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Working Paper"},"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G7850880950","display_name":"UK in a Changing Europe Fellowship","funder_award_id":"ES/T000732/1","funder_id":"https://openalex.org/F4320334630","funder_display_name":"Economic and Social Research Council"}],"funders":[{"id":"https://openalex.org/F4320334630","display_name":"Economic and Social Research Council","ror":"https://ror.org/03n0ht308"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3124299331.pdf","grobid_xml":"https://content.openalex.org/works/W3124299331.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3136654298","https://openalex.org/W3168253465","https://openalex.org/W3121986737","https://openalex.org/W7046772118","https://openalex.org/W4403021166","https://openalex.org/W4245832527","https://openalex.org/W4242199978","https://openalex.org/W3123921637","https://openalex.org/W2135307204","https://openalex.org/W7212140087"],"abstract_inverted_index":{"How":[0],"do":[1],"the":[2,9,22,35,44,63,67,71,91,95],"choices":[3],"of":[4,11,30,37,65,97],"individual":[5],"firms":[6],"contribute":[7],"to":[8,52,86,107],"dominance":[10],"a":[12,38,47,53,57,81,101],"currency":[13,59,73,92],"in":[14,56,62,74,90,100,105,112],"global":[15],"trade?":[16],"Using":[17],"export":[18],"transactions":[19],"data":[20],"from":[21],"UK":[23],"over":[24],"2010-2016,":[25],"we":[26],"document":[27],"strong":[28],"evidence":[29],"two":[31],"mechanisms":[32],"that":[33,46,113],"promote":[34],"use":[36],"dominant":[39,58,72],"currency:":[40],"(1)":[41],"prior":[42],"experience:":[43],"probability":[45],"firm":[48,68,82],"invoices":[49],"its":[50,75,88,98,109],"exports":[51,89],"new":[54],"market":[55,104],"is":[60,83],"increasing":[61],"number":[64],"years":[66],"has":[69],"used":[70],"existing":[76],"markets;":[77],"(2)":[78],"strategic":[79],"complementarity:":[80],"more":[84],"likely":[85],"invoice":[87],"chosen":[93],"by":[94],"majority":[96],"competitors":[99],"foreign":[102],"destination":[103],"order":[106],"stabilize":[108],"residual":[110],"demand":[111],"market.":[114]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-02-01T00:00:00"}