Real Exchange Rate-Export Nexus

Name: Real Exchange Rate-Export Nexus
Brand: OMNIScriptum
SKU: 6048847228
Price: 1050 RUB
Availability: InStock

Артикул Маркета

6048847228

ISBN

9783659480850

Обложка

мягкий

Бумага

офсетная

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Москва

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Москва

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Т8 Издательские Технологии

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Описание

Печатная книга «Real Exchange Rate-Export Nexus» в мягкой обложке, язык - английский. В книге 88 страниц, она напечатана на белой офсетной бумаге плотностью 80 г/м². Формат издания — 152x229 мм. Все книги аккуратно упаковываем в прочный трёхслойный непрозрачный картонный конверт.
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.