The Impact of Exchange Rate Movement on Export: Empirical Evidence from Ghana
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2014, Vol 4, Issue 3
Abstract
This paper aims to investigate the impact of exchange rate movement on export growth in Ghana. The data, made up of secondary sources was extracted from International Monetary Fund (IMF), United Nations Conference of Trade and Development (UNCTAD) and Bank of Ghana websites spanning 22 years from 1990 to 2012. In addition to other controlled variables, exchange rate is used as an independent variable while export growth is the dependent variable. Using the OLS estimator, the study finds that exchange rate has no impact on the export of goods and services in Ghana. The study however finds that Gross Domestic Product, Gross National Saving, Import Growth and Total Investment have significant impact on export.
Authors and Affiliations
Joseph Dery Nyeadi, Oswald Atiga, Charles Amoyea Atogenzoya
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