THE EFFECTS OF EXCHANGE RATE VOLATILITY ON SWAZILAND’S EXPORTS
THE EFFECTS OF EXCHANGE RATE VOLATILITY ON SWAZILAND’S EXPORTS
Author(s): M.D. Mtembu, Gaotlhobogwe MotlalengSubject(s): Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: exchange rate volatility; Swaziland’s exports; Vector Error; Correction Model
Summary/Abstract: This investigation assesses the effects of exchange rate volatility on Swaziland’s total exports. The paper employs exports quarterly time series data ranging from 1995Q1 to 2005Q4. A Vector Error Correction Model (VECM) approach is used to study the relationship between exports and their determinants. The findings of the study suggest that exchange rate volatility is detrimental to Swaziland’s exports.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2010
- Issue No: 6
- Page Range: 167-186
- Page Count: 20
- Language: English