Author: Alex Sampa BwalyaPublisher:
ISBN:
Category : Exports
Languages : en
Pages : 60
Book Description
Effects of the Exchange Rates on Non-traditional Exports
Author: Alex Sampa BwalyaPublisher:
ISBN:
Category : Exports
Languages : en
Pages : 60
Book Description
Real Exchange Rate Policy and Non-traditional Exports in Developing Countries
Author: Ibrahim ElbadawiPublisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 60
Book Description
The Impact of Exchange Rate on Non-traditional Export in Ghana
Author: W.D. AsareReal exchange rate policy and non-traditional exports in developing countries
Author: Ibrahim A. ElbadawiHow Does Uncertainty About the Real Exchange Rate Affect Exports?
Author: Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 28
Book Description
The Effect Of Exchange Rate Volatility On Exports
Author: Emmanuel EremPublisher: GRIN Verlag
ISBN: 3668903921
Category : Business & Economics
Languages : en
Pages : 61
Book Description
Master's Thesis from the year 2018 in the subject Economics - International Economic Relations, grade: A, National University of Ireland, Maynooth (Department of Economics, Finance and Accounting), course: MSc Economic and Financial Risk Analysis, language: English, abstract: The purpose of this thesis is to examine the effect of real exchange rate volatility between the Canadian and US dollars on real exports from Canada to US. The study uses quarterly data from 1960-2017. The GARCH (1, 1) is used to model exchange rate volatility. After finding the variables are non-stationary with no co-integration, a VAR (Vector Auto regression) model is used to investigate the short-run relationship in the variables using Granger causality, impulse response functions and variance decomposition estimates. The results reveal that the effect of exchange rate volatility is of mixed signs with coefficients that are not statistically significant. The thesis is divided into 7 chapters; chapter 2 gives an overview of important literature and contributions by researchers over the years specifically covering the relationship between exchange rate volatility and trade, exchange rate regimes, exchange rate target zones and inflation targeting. Chapter 3 presents the model and data used, definitions of the variables and the predictions of the model. Chapter 4 gives a theoretical and econometric overview of the unit root and co-integration tests. Chapter 5 gives the data output of the empirical results and discussions of test results. This output is presented using graphs and tables. Chapter 6 is a presentation of the limitations of the model and possible areas of improvement. Lastly, chapter 7 concludes and gives policy recommendations moving forward. Exchange rates are a key player in any economy that is engaging in international trade. A stable monetary policy system and financial sector play a key role in ensuring the exchange rate stability of the currency of a country. Firms and traders rely on prevailing exchange rates to forecast amounts to produce, import and export; thus are very much affected by the exchange rate volatility. In addition to this, there is a currency conversion cost in international trade. Traders use a number of products in financial markets to hedge against currency fluctuations; these include among others forwards contracts. This is especially true for short-term hedging than long-term hedging.
Uganda's Equilibrium Real Exchange Rate and Its Implications for Non-traditional Export Performance
Author: Michael AtingiPublisher:
ISBN:
Category : Exports
Languages : en
Pages : 76
Book Description
Dominant Currency Paradigm: A New Model for Small Open Economies
Author: Camila CasasPublisher: International Monetary Fund
ISBN: 1484330609
Category : Business & Economics
Languages : en
Pages : 62
Book Description
Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in local currency. We model instead a ‘dominant currency paradigm’ for small open economies characterized by three features: pricing in a dominant currency; pricing complementarities, and imported input use in production. Under this paradigm: (a) the terms-of-trade is stable; (b) dominant currency exchange rate pass-through into export and import prices is high regardless of destination or origin of goods; (c) exchange rate pass-through of non-dominant currencies is small; (d) expenditure switching occurs mostly via imports, driven by the dollar exchange rate while exports respond weakly, if at all; (e) strengthening of the dominant currency relative to non-dominant ones can negatively impact global trade; (f) optimal monetary policy targets deviations from the law of one price arising from dominant currency fluctuations, in addition to the inflation and output gap. Using data from Colombia we document strong support for the dominant currency paradigm.
The Impact of the Real Exchange Rate on Non-traditional Exports Using Microdata: Evidence from Chile and Peru
Author: Renzo CastellaresReal Exchange Rate Movements, Dutch Disease and Their Impact on Non-traditional Exports in Venezuela
Author: Antonieta MonaldiPublisher:
ISBN:
Category : Venezuela
Languages : en
Pages : 154
Book Description