The effect of exchange rate volatility on international trade in selected MENA countries
Yazarlar (2)
Türkiye
Prof. Dr. Hüseyin KARAMELİKLİ
Karabük Üniversitesi, Türkiye
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale |
| Dergi Adı | The Journal of Business and Economic Studies |
| Dergi Tarandığı Indeksler | EconLit, Cabell, Ulrich, EBSCO, ProQuest |
| Makale Dili | İngilizce |
| Basım Tarihi | 12-2015 |
| Cilt No | 21 |
| Sayı | 1 |
| Sayfalar | 14 / 23 |
| Özet |
| This paper investigates empirically the relationship between exchange rate volatility and the volume of international trade of six MENA countries over the period 1980–2012 using quarterly data. Estimates of the cointegrating relationships are obtained using different cointegration techniques. Estimates of the short-run dynamics are using cointegration and vector error correction model (VECM) techniques. The major finding shows that real exchange rate volatility exerts significant negative effects on exports both in the short run and the long run in each of the MENA countries. Overall, our results suggest that exporting activities of these countries can be further boosted up by policies aimed at achieving and maintaining a stable competitive real exchange rate. |
| Anahtar Kelimeler |
