EXCHANGE RATE VOLATILITY AND EXPORT PERFORMANCE IN SOUTH AFRICA: (2000-2014)
Journal Title: Asian Economic and Financial Review - Year 2015, Vol 5, Issue 10
Abstract
This study sought to investigate the relationship between exchange rate volatility and export performance in South Africa. The main objective of the study was to examine the impact of exchange rate volatility on export performance in South Africa. This relationship was examined using GARCH methods. Exports were regressed against real effective exchange rate, trade openness, and capacity utilisation. The research aimed to establish weather exchange rate volatility impacts negatively on export performance in the manner suggested by econometric model. The result obtained showed that exchange rate volatility had a significantly negative effect of South African exports in the period 2000-2011.
Authors and Affiliations
Wilson Chamunorwa| Department of Economics, University of Fort Hare, South Africa, Ireen Choga*| School of Economics and Decisions Sciences, North West University, South Africa
Keywords
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