An analysis of the effects of exchange rate volatility on exports in Namibia
| dc.contributor.author | Shipanga, Eden T. | en_US |
| dc.date.accessioned | 2014-02-07T14:08:07Z | |
| dc.date.available | 2014-02-07T14:08:07Z | |
| dc.date.issued | 2009 | en_US |
| dc.description | a theses submitted in partial fulfilment of the requirements for the Degree of Master of Science in Economics | en_US |
| dc.description.abstract | Abstract provided by author | en_US |
| dc.description.abstract | In the area of international trade, studies have examined whether increases in exchange-rate volatility affect the trade flows of Less Developed Countries LDCs. The aim of this study is to investigate empirically the impact of exchange-rate volatility on the export flows of Namibia as one of the developing countries over the period 1998 - 2008. These are achieved by means of utilizing quarterly data of exchange rate and the trade flow of real exports of Namibia for the period 1998 - 2008 | en_US |
| dc.description.abstract | During the stipulated time period, Namibia had experienced tremendous volatility in its exchange rate. Therefore, an assessment of the economic performance of the Namibian exports over the period 1998 - 2008 had been used to conclude that the price of the Namibian dollar (N$) is important to its future economic performances | en_US |
| dc.description.abstract | The econometric analysis was employed to exploit the theory of cointegration, given the obvious non-stationarity of the time series. The study used Engle-Granger two step procedures. Three measures of exchange rate volatilities were used and produced mixed results. The mean adjusted relative change (V) as a measure of exchange rate volatility indicated positive and insignificant impact on real exports of Namibia. The moving average standard deviation (MASD) as a measure of exchange rate volatility produced a negative insignificant impact of exchange rate volatility on real exports of Namibia. The last measure of exchange rate volatility was the general autoregressive conditional heteroscedasticity (GARCH), which indicated a positive and significant impact of exchange rate volatility on Namibia's real exports. These results suggest that Namibia should start exploring possibility of macro-economic policy independence and be involved in the determination of exchange rate within the CMA framework. | en_US |
| dc.description.abstract | In the area of international trade, studies have examined whether increases in exchange-rate volatility affect the trade flows of Less Developed Countries LDCs. The aim of this study is to investigate empirically the impact of exchange-rate volatility on the export flows of Namibia as one of the developing countries over the period 1998 - 2008. These are achieved by means of utilizing quarterly data of exchange rate and the trade flow of real exports of Namibia for the period 1998 - 2008 | en_US |
| dc.description.abstract | During the stipulated time period, Namibia had experienced tremendous volatility in its exchange rate. Therefore, an assessment of the economic performance of the Namibian exports over the period 1998 - 2008 had been used to conclude that the price of the Namibian dollar (N$) is important to its future economic performances | en_US |
| dc.description.abstract | The econometric analysis was employed to exploit the theory of cointegration, given the obvious non-stationarity of the time series. The study used Engle-Granger two step procedures. Three measures of exchange rate volatilities were used and produced mixed results. The mean adjusted relative change (V) as a measure of exchange rate volatility indicated positive and insignificant impact on real exports of Namibia. The moving average standard deviation (MASD) as a measure of exchange rate volatility produced a negative insignificant impact of exchange rate volatility on real exports of Namibia. The last measure of exchange rate volatility was the general autoregressive conditional heteroscedasticity (GARCH), which indicated a positive and significant impact of exchange rate volatility on Namibia's real exports. These results suggest that Namibia should start exploring possibility of macro-economic policy independence and be involved in the determination of exchange rate within the CMA framework. | en_US |
| dc.description.degree | Windhoek | en_US |
| dc.description.degree | Namibia | en_US |
| dc.description.degree | University of Namibia | en_US |
| dc.description.degree | Master of Science in Economics | en_US |
| dc.description.status | Successfully Downloaded file :http://wwwisis.unam.na/theses/shipanga2009.pdf | en_US |
| dc.format.extent | vi, 54 p | en_US |
| dc.identifier.isis | F004-199299999999999 | en_US |
| dc.identifier.uri | http://hdl.handle.net/11070/434 | |
| dc.language.iso | eng | en_US |
| dc.masterFileNumber | 3542 | en_US |
| dc.source.uri | abstracts/shipanga2009abs.pdf | en_US |
| dc.source.uri | http://wwwisis.unam.na/theses/shipanga2009.pdf | en_US |
| dc.subject | Foreign exchange | en_US |
| dc.subject | Foreign exchange rates | en_US |
| dc.subject | Exports Namibia | en_US |
| dc.title | An analysis of the effects of exchange rate volatility on exports in Namibia | en_US |
| dc.type | Thesis | en_US |