Effects of exchange rate volatility on outputs in some selected West Africa countries
This study investigates empirically the effect of exchange rate volatility on the output level of the five English speaking countries in ECOWAS, namely Nigeria, Ghana, Gambia, the Sierra Leones and Liberia, over the period 1991 to 2014.Co-integration test and error correction modelling were used as...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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European Centre for Research Training and Development UK
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/18237/1/IJDES%20%204%201%202016%20%201-10.pdf |
| _version_ | 1825804005627920384 |
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| author | Sani, Idris Ahmed Hassan, Sallahuddin Azam, Muhammad |
| author_facet | Sani, Idris Ahmed Hassan, Sallahuddin Azam, Muhammad |
| author_sort | Sani, Idris Ahmed |
| collection | UUM |
| description | This study investigates empirically the effect of exchange rate volatility on the output level of the five English speaking countries in ECOWAS, namely Nigeria, Ghana, Gambia, the Sierra Leones and Liberia, over the period 1991 to 2014.Co-integration test and error correction modelling were used as estimation techniques.Estimates of co-integration
relations were obtained and the short-run and long-run dynamic relationships between the variables were obtained for each country utilizing the tests.In general, exchange rate volatility has a significant impact on outputs at least for all the countries considered in the study, with all except Liberia having negative impact. |
| first_indexed | 2024-07-04T06:07:20Z |
| format | Article |
| id | uum-18237 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:07:20Z |
| publishDate | 2016 |
| publisher | European Centre for Research Training and Development UK |
| record_format | eprints |
| spelling | uum-182372016-06-27T01:09:45Z https://repo.uum.edu.my/id/eprint/18237/ Effects of exchange rate volatility on outputs in some selected West Africa countries Sani, Idris Ahmed Hassan, Sallahuddin Azam, Muhammad HG Finance This study investigates empirically the effect of exchange rate volatility on the output level of the five English speaking countries in ECOWAS, namely Nigeria, Ghana, Gambia, the Sierra Leones and Liberia, over the period 1991 to 2014.Co-integration test and error correction modelling were used as estimation techniques.Estimates of co-integration relations were obtained and the short-run and long-run dynamic relationships between the variables were obtained for each country utilizing the tests.In general, exchange rate volatility has a significant impact on outputs at least for all the countries considered in the study, with all except Liberia having negative impact. European Centre for Research Training and Development UK 2016-02 Article PeerReviewed application/pdf en cc_by https://repo.uum.edu.my/id/eprint/18237/1/IJDES%20%204%201%202016%20%201-10.pdf Sani, Idris Ahmed and Hassan, Sallahuddin and Azam, Muhammad (2016) Effects of exchange rate volatility on outputs in some selected West Africa countries. International Journal of Development and Economic Sustainability, 4 (1). pp. 1-10. ISSN 2053-2199 http://www.eajournals.org/journals/international-journal-of-development-and-economic-sustainability-ijdes/vol-4-issue-1-february-2016/effects-of-exchange-rate-volatility-on-outputs-in-some-selected-west-africa-countries/ |
| spellingShingle | HG Finance Sani, Idris Ahmed Hassan, Sallahuddin Azam, Muhammad Effects of exchange rate volatility on outputs in some selected West Africa countries |
| title | Effects of exchange rate volatility on outputs in some selected West Africa countries |
| title_full | Effects of exchange rate volatility on outputs in some selected West Africa countries |
| title_fullStr | Effects of exchange rate volatility on outputs in some selected West Africa countries |
| title_full_unstemmed | Effects of exchange rate volatility on outputs in some selected West Africa countries |
| title_short | Effects of exchange rate volatility on outputs in some selected West Africa countries |
| title_sort | effects of exchange rate volatility on outputs in some selected west africa countries |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/18237/1/IJDES%20%204%201%202016%20%201-10.pdf |
| work_keys_str_mv | AT saniidrisahmed effectsofexchangeratevolatilityonoutputsinsomeselectedwestafricacountries AT hassansallahuddin effectsofexchangeratevolatilityonoutputsinsomeselectedwestafricacountries AT azammuhammad effectsofexchangeratevolatilityonoutputsinsomeselectedwestafricacountries |