Wpływ kursu walutowego na wielkość eksportu towarów z Polski do Niemiec w latach 1995-2013
The Impact of the Exchange Rate on the Volume of Polish Commodity Exports to Germany, 1995–2013
Author(s): Mariusz Gasztoł, Piotr ŚliwkaSubject(s): Supranational / Global Economy, International relations/trade, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: exchange rate; exports; Poland; Germany; VAR;
Summary/Abstract: The article presents the results of the analysis of the impact of the exchange rate on the volume of Polish commodity exports to Germany in the period 1995–2013. The analysis has been made on quarterly data with a VAR model. The regression equation explaining the dynamics of the export volume included, apart from the exchange rate of the Polish currency, the change in real GDP of Poland and Germany and the inflow of FDI as explanatory variables. The results indicate that the influence of changes in the exchange rate on the volume of Polish commodity exports to Germany is significant, but the strength of this impact depends on the period considered and time lags assumed in regression equations.
Journal: Ekonomista
- Issue Year: 2017
- Issue No: 4
- Page Range: 415-433
- Page Count: 19
- Language: Polish
