Real Exchange Rate-Export Nexus

ISBN: 9783659480850

$38.88 $33.05

Real exchange rate is usually used as a measure of export competitiveness of a country. This study mainly focuses on examining whether Ethiopia’s exports are determined by movements in real exchange rate. To scrutinize this issue, the aggregate export and the exports of two main subsectors; namely, coffee and oilseeds are taken into consideration using bilateral exports to seventeen major trading partners over the period 2000-2009. Accordingly, a dynamic panel data gravity model that takes into account the persistent nature of trade is estimated using the system GMM estimator. Both the current and one year lagged real exchange rates are included, where the latter is intended to account for the sluggish adjustment of trade to changes in relative prices. The results of the study show that neither lagged nor does current real exchange rate exert significant effect on the bilateral exports of the country. Diversifying exports from traditional primary commodities to nontraditional price elastic export items, expanding exports destinations and giving due attention to the quality of exports may be reasonable options to gain competitiveness in international market.

Title:
Real Exchange Rate-Export Nexus
ISBN-10:
3659480851
ISBN-13:
9783659480850
Author:
Kebede Bekele Geleto
Publisher:
LAP LAMBERT Academic Publishing
Published Date:
20131204
Edition:
1
Binding
Paperback / softback
Pages:
88
Language:
English
Product Dim.:
8.66 H x 5.91 W (inches)

Kebede Bekele Geleto

Special Offers and Promotions

Our print to order bookstore saves you money. There are currently no special offers for Real Exchange Rate-Export Nexus

Editorial Reviews

Thank you for selecting our online bookstore. Currently, there are no editorial book reviews for Real Exchange Rate-Export Nexus

About Pubgraphics Direct

PGDirect is an online bookstore that has embraced the concept of direct to consumer selling for self-published books, softcover and hardcover books, specialty books, children's books, hard to find books, college textbooks, print on demand books and more.