Effects of Real Exchange Rate on Trade Balance in Cote d’Ivoire: Evidence from Threshold Nonlinear ARDL Model

Keho, Yaya

doi:10.4236/tel.2021.113034

Cited by 11 publications

(3 citation statements)

References 45 publications

(42 reference statements)

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“…It was thus discovered that, in the long run, the gross domestic product of Turkey and the European Union countries has a positive and large impact on the trade balance, whereas the appreciation of the real exchange rate and oil prices has a significant negative impact on the trade balance. The findings are in line with the findings of other authors (Keho, 2021b). The author studied Ivory Coast's non-linear link between the actual exchange rate movements and the trade balance.…”

Section: Literature Reviewsupporting

confidence: 90%

Determinants of Bilateral Trade Balance Between Georgia and China

Dilanchiev

Taktakishvili

2022

ECO

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This paper aims to empirically examine the drivers of the bilateral balance of the trade model for the Georgian-Chinese economy from 2000 to 2020 and the influence of the Georgia-China free trade agreement on the Georgian-Chinese balance of trade. The Error Correction Model (ECM) of the ARDL was used to see if the balance of trade and its predictors have a long-term relationship. One of the ARDL’s defining properties is that it may be utilized in circumstances when there is minimal data, regardless of the level of variable integration. According to the findings, a perceived effective exchange rate has a statistically significant positive impact on the balance of trade in the long run and a statistically significant negative impact on the balance of trade in the short run. The output is shaped to favor the presence of the elasticity attitude’s J-Curve impact. The study also found that the comparative supply of money (MS) and GDP have only a minor impact on the trade balance in the medium and long run. The sponging and monetary methods are ineffective in characterizing the bilateral trade deficit between Georgia and China.

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Section: Literature Reviewsupporting

confidence: 90%

Determinants of Bilateral Trade Balance Between Georgia and China

Dilanchiev

Taktakishvili

2022

ECO

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“…Hashani et al (2022) also claimed that PC and EG showed a positive relationship in Western Balkan countries. Furthermore, Jain (2022) confirmed that demand-led economic growth in BRICS economies, and Keho (2021) revealed that household consumption motivated the high production that positively led to economic growth in Cote d'Ivoire. Koyuncu and Unal (2020) also showed that PC had a positive long-run influence on the EG in Turkey.…”

Section: Private Consumption and Economic Growthmentioning

confidence: 98%

Moderator Effect of Technological Advancement on Financial Development and Economic Growth Nexus in Asian Countries

Hewage,

Pyeman,

Othman

2024

JIS

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The examination of the nexus between Financial Development (FD), Technological Advancement (TA), Human Capital (HC), andPrivate Consumption (PC) to Economic Growth (EG) has gained substantial attention in both empirical and theoretical academia sincethe early nineteenth century. Scholars affirm that FD, HC, PC, and TA are crucial factors in determining optimal resource allocationand efficient utilization required to achieve sustainable EG. This study investigates the nexus of FD, HC, and PC with EG in Asiancountries, with TA serving as the moderator. Data from 35 countries were collected annually over 15 years, spanning from 2005 to 2019. Using short panel data analysis, due to the higher number of crosssections (35) compared to time intervals (15), the findings confirm TA’s significant moderator effect in both short and long-run time scenarios. Additionally, a significant negative relationship with EG is observed for FD and PC, while TA and HC are identified as promoters of EG. The study underscores the importance of investing in TA while concurrently developing the quality of the labor force. Policymakers are encouraged to prioritize technology development and the introduction of innovative techniques. However, caution is advised in FD projects, necessitating strategies to reduce domestic private consumption.

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“…One, from a statistical point of view, the logarithmic transformation mitigates fluctuations of individual variables increasing the likelihood of stationarity after first differencing. And two, from an economic point of view, the logarithmic transformation allows the first differences of the variables to be interpreted as growth rates and coefficients in terms of elasticity (Keho, 2021;Waiswa, 2023b).…”

Section: Datamentioning

confidence: 99%

Role of macroeconomic indicators in Uganda’s food price inflation: a VECM approach

WAİSWA

2023

Ekinoks

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This study was conducted to empirically examine the potential impact of macroeconomic indicators such as exchange rate, GDP, money supply, and food exports on Uganda’s food price inflation. The study employed the Johansen cointegration analysis and VEC model using quarterly data from 2000Q1 to 2022Q1. Outcomes of the analysis show that all variables are positive and statistically significant in influencing food prices in the long run except GDP which was negative and significant. However, in the short run, only GDP and the lag of food CPI were significant and influenced food prices positively. Based on the variance decomposition analysis and the very low R-squared value (0.2493), it can be concluded that food prices in Uganda are greatly influenced by factors other than macroeconomic indicators. These factors include changes in the weather pattern which lead to low food supplies, price transmission effects of rising food and fuel prices in the international markets, increased domestic food demand, and higher costs of imported production inputs. Therefore, while it is necessary to recognize the role of macroeconomic indicators in food price inflation, it is equally important to emphasize the role played by these other factors in determining food prices in Uganda for effective policy implementations.

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Effects of Real Exchange Rate on Trade Balance in Cote d’Ivoire: Evidence from Threshold Nonlinear ARDL Model

Cited by 11 publications

References 45 publications

Determinants of Bilateral Trade Balance Between Georgia and China

Determinants of Bilateral Trade Balance Between Georgia and China

Moderator Effect of Technological Advancement on Financial Development and Economic Growth Nexus in Asian Countries

Role of macroeconomic indicators in Uganda’s food price inflation: a VECM approach

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