Estimating Dynamic Impacts of the Seafood Industry in Alaska

Seung, Chang K.

doi:10.1086/mre.23.1.42629603

Search citation statements

Order By: Relevance

Paper Sections

Select...

Model Specification and Estimation Technique1

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2009

2022

Publication Types

Select...

Article4

Relationship

Self Cite0

Independent4

Authors

Journals

Cited by 4 publications

(1 citation statement)

References 18 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Following previous studies, such as [44,53], the VECM is constructed as follows to estimate the long-run and short-run relationship between export, exchange rate and industrial upgrading in the Namibian seafood industry:…”

Section: Model Specification and Estimation Techniquementioning

confidence: 99%

Dynamic Relationships between Seafood Exports, Exchange Rate and Industrial Upgrading

Eegunjobi

Ngepah

2022

Sustainability

View full text Add to dashboard Cite

Few studies have examined the relationship between seafood export performance and exchange rate fluctuations. This paper investigates the short and long-term relationship between variables and the effect of currency depreciation on investment in industrial upgrading in the Namibian seafood industry. Employing the Johansen cointegration technique and a vector error correction model (VECM) on quarterly data from 2008 to 2020, we find that investment in industrial upgrading has a higher impact on exports than exchange rate fluctuations. Therefore, investment in industrial upgrading plays a significant role in mitigating the negative impact of exchange rate volatility. Key policy implications include the need to take advantage of currency depreciation to mitigate challenges to investment in industrial upgrading by increased budgetary allocations.

show abstract

Section: Model Specification and Estimation Techniquementioning

confidence: 99%