Exchange Rate Dynamics: Evidence From Major Sub-Saharan Africa Oil-Exporting Countries
This study investigates the exchange rate dynamics in the selected 15 major oil-exporting sub-Saharan African countries namely, Angola, Cameroon, Chad, Congo Republic, Congo Democratic People Republic, Cote d'Ivoire, Equatorial Guinea, Gabon, Ghana, Malawi, Niger Republic, Nigeria, South Africa...
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my-usm-ep.557512022-11-24T07:02:35Z Exchange Rate Dynamics: Evidence From Major Sub-Saharan Africa Oil-Exporting Countries 2019-11 Abdullahi, Idris Abdulqadir H1-99 Social sciences (General) This study investigates the exchange rate dynamics in the selected 15 major oil-exporting sub-Saharan African countries namely, Angola, Cameroon, Chad, Congo Republic, Congo Democratic People Republic, Cote d'Ivoire, Equatorial Guinea, Gabon, Ghana, Malawi, Niger Republic, Nigeria, South Africa, Sudan, and Zambia. The working definition of exchange rate dynamic drawn from exchange rates economic related problems such as exchange rate fluctuations, exchange rate devaluation, and exchange rate pass-through. The findings from the first objective reveal evidence of a long-run relationship between the real exchange rate and macroeconomic variables in the selected countries. Nevertheless, the study also explores the dynamics of real exchange rate fluctuations and exchange rate fundamentals using pooled mean group, mean group, and fixed dynamic effect models. The results revealed evidence that real exchange rate fluctuations have a significant influence on the real exchange rate fundamentals, namely, terms of trade, trade openness, foreign direct investment, and government expenditure. The second objective of the study examined the effects of exchange rate devaluations on trade balances for the selected major oil-exporting countries using linear and nonlinear autoregressive distributed lag bounds testing and ECM. 2019-11 Thesis http://eprints.usm.my/55751/ http://eprints.usm.my/55751/1/IDRIS%20ABDULQADIR%20ABDULLAHI.pdf application/pdf en public phd doctoral Perpustakaan Hamzah Sendut Pusat Pengajian Sains Kemasyarakatan |
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language |
English |
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H1-99 Social sciences (General) |
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H1-99 Social sciences (General) Abdullahi, Idris Abdulqadir Exchange Rate Dynamics: Evidence From Major Sub-Saharan Africa Oil-Exporting Countries |
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This study investigates the exchange rate dynamics in the selected 15 major oil-exporting sub-Saharan African countries namely, Angola, Cameroon, Chad, Congo Republic, Congo Democratic People Republic, Cote d'Ivoire, Equatorial Guinea, Gabon, Ghana, Malawi, Niger Republic, Nigeria, South Africa, Sudan, and Zambia. The working definition of exchange rate dynamic drawn from exchange rates economic related problems such as exchange rate fluctuations, exchange rate devaluation, and exchange rate pass-through. The findings from the first objective reveal evidence of a long-run relationship between the real exchange rate and macroeconomic variables in the selected countries. Nevertheless, the study also explores the dynamics of real exchange rate fluctuations and exchange rate fundamentals using pooled mean group, mean group, and fixed dynamic effect models. The results revealed evidence that real exchange rate fluctuations have a significant influence on the real exchange rate fundamentals, namely, terms of trade, trade openness, foreign direct investment, and government expenditure. The second objective of the study examined the effects of exchange rate devaluations on trade balances for the selected major oil-exporting countries using linear and nonlinear autoregressive distributed lag bounds testing and ECM. |
format |
Thesis |
qualification_name |
Doctor of Philosophy (PhD.) |
qualification_level |
Doctorate |
author |
Abdullahi, Idris Abdulqadir |
author_facet |
Abdullahi, Idris Abdulqadir |
author_sort |
Abdullahi, Idris Abdulqadir |
title |
Exchange Rate Dynamics:
Evidence From Major Sub-Saharan Africa Oil-Exporting Countries |
title_short |
Exchange Rate Dynamics:
Evidence From Major Sub-Saharan Africa Oil-Exporting Countries |
title_full |
Exchange Rate Dynamics:
Evidence From Major Sub-Saharan Africa Oil-Exporting Countries |
title_fullStr |
Exchange Rate Dynamics:
Evidence From Major Sub-Saharan Africa Oil-Exporting Countries |
title_full_unstemmed |
Exchange Rate Dynamics:
Evidence From Major Sub-Saharan Africa Oil-Exporting Countries |
title_sort |
exchange rate dynamics:
evidence from major sub-saharan africa oil-exporting countries |
granting_institution |
Perpustakaan Hamzah Sendut |
granting_department |
Pusat Pengajian Sains Kemasyarakatan |
publishDate |
2019 |
url |
http://eprints.usm.my/55751/1/IDRIS%20ABDULQADIR%20ABDULLAHI.pdf |
_version_ |
1776101112530599936 |