An analysis of the effects of exchange rate volatility on exports in Namibia
Title | An analysis of the effects of exchange rate volatility on exports in Namibia PDF eBook |
Author | Eden Tate Shipanga |
Publisher | |
Pages | 110 |
Release | 2009 |
Genre | Foreign exchange rates |
ISBN |
THE EFFECTS OF EXCHANGE RATE VOLATILITY ON EXPORTS IN NAMIBIA
Title | THE EFFECTS OF EXCHANGE RATE VOLATILITY ON EXPORTS IN NAMIBIA PDF eBook |
Author | Eden Tate Shipanga |
Publisher | LAP Lambert Academic Publishing |
Pages | 76 |
Release | 2010-11 |
Genre | |
ISBN | 9783843373654 |
This piece of work try address the volatility impacts on export through an extenvsive analysis. The econometric analysis was employed to exploit the theory of cointegration, given the obvious non- stationarity of the time series. The study used Engle-Granger two step procedures. Three measures of exchange rate volatilities were used and produced mixed results. The mean adjusted relative change (V) as a measure of exchange rate volatility indicated positive and insignificant impact on real exports of Namibia. The moving average standard deviation (MASD) as a measure of exchange rate volatility produced a negative insignificant impact of exchange rate volatility on real exports of Namibia. The last measure of exchange rate volatility was the general autoregressive conditional heteroscedasticity (GARCH), which indicated a positive and significant impact of exchange rate volatility on Namibia s real exports. These results suggest that Namibia should start exploring possibility of macro-economic policy independence and be involved in the determination of exchange rate within the CMA framework.
The Consequences of Policy Uncertainty
Title | The Consequences of Policy Uncertainty PDF eBook |
Author | Sandile Hlatshwayo |
Publisher | International Monetary Fund |
Pages | 30 |
Release | 2016-06-09 |
Genre | Business & Economics |
ISBN | 1484383494 |
In recent years, the link between the real effective exchange rate (REER) and exports in South Africa has weakened. While exports still rise in response to REER depreciations, the REER-export elasticity is below historical estimates. The literature has put forward a number of possible explanations, from multi-national supply-chains to muted exchange rate pass-through. This research explores the role of policy uncertainty in reducing the responsiveness of exports to relative price changes. We construct a novel “news chatter” measure of policy uncertainty and examine how it, paired with other supply-side constraints, can improve our understanding of export performance. We find that increased policy uncertainty diminishes the responsiveness of exports to the REER and has short and long-run level effects on export performance. Finally, we show that a measure of competitiveness that adjusts for uncertainty and supply-side constraints greatly outperforms the REER in tracking exports performance.
Effects of Exchange Rate Volatility on the Volume and Volatility of Bilateral Exports
Title | Effects of Exchange Rate Volatility on the Volume and Volatility of Bilateral Exports PDF eBook |
Author | |
Publisher | |
Pages | |
Release | 2006 |
Genre | |
ISBN |
The Effect of Real Exchange Rate Volatility on Export Performance
Title | The Effect of Real Exchange Rate Volatility on Export Performance PDF eBook |
Author | Wilson Chamunorwa |
Publisher | |
Pages | 194 |
Release | 2014 |
Genre | Economic development |
ISBN |
Analysing the exchange rate volatility relative to trade balance: the case of SACU countries
Title | Analysing the exchange rate volatility relative to trade balance: the case of SACU countries PDF eBook |
Author | Christine Mazuba Haansende |
Publisher | |
Pages | 138 |
Release | 2019 |
Genre | Balance of trade |
ISBN |
The Effect of Exchange Rate Volatility on New Zealand's Exports, 1981-1987
Title | The Effect of Exchange Rate Volatility on New Zealand's Exports, 1981-1987 PDF eBook |
Author | A. M. G. Coleman |
Publisher | |
Pages | 60 |
Release | 1989 |
Genre | Exports |
ISBN |