scholarly journals The Impact of Exchange Rate and Unemployment Rate on the Real Gross Domestic Product Growth Rate in Ghana

2019 ◽  
Keyword(s):  
Growth Rate ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Unemployment Rate ◽  
Domestic Product ◽  
Gross Domestic Product Growth ◽  
The Real ◽  
Real Gross Domestic Product ◽  
The Impact ◽  
Product Growth Rate

scholarly journals Analysis of the Impact of Exchange Rate, Inflation, Export and Import on Gross Domestic Product in Bangladesh

2019 ◽  
pp. 170-175
Author(s):  
Papi Halder
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Exchange Rate ◽  
Gross Domestic Product ◽  
Positive Impact ◽  
Domestic Product ◽  
Gdp Growth ◽  
Policy Makers ◽  
Gdp Growth Rate ◽  
The Impact

This study is about the impact of selected macroeconomic variables on economic growth of Bangladesh. Economic growth of Bangladesh is measured in terms of annual nominal GDP growth rate. Least squared regression model has been employed considering exchange rate, export, import and inflation rate as independent variables and gross domestic product as the dependent variable in this study. The results reveal that export and import have significant positive impact on GDP growth rate. The other variables (exchange rate and inflation) are not significant, indicating that there exists no significant relationship among the variables. The findings will help the policy makers to make policies concerning the country’s economic growth to remain robust in the near future.

scholarly journals Relationship between Foreign Direct Investments and Capital Flight in Kenya: 1998-2018

2019 ◽  
Vol 3 (3) ◽  
pp. 251
Author(s):  
Mercy Wairimu Mwangi ◽  
Amos Njuguna ◽  
George Achoki
Keyword(s):  
Growth Rate ◽  
Gross Domestic Product ◽  
Capital Flight ◽  
Domestic Product ◽  
Foreign Direct Investments ◽  
Gross Domestic Product Growth ◽  
P Values ◽  
Long Run ◽  
Short Run ◽  
Product Growth Rate

The study established the relationship between Foreign Direct investments and Capital Flight in Kenya over the period 1998 to 2018. Quarterly time series data for calculation of capital flight and Gross Domestic Product growth rate, inflation and Foreign Direct investments were collected from the Central Bank of Kenya and Kenya National Bureau of Statistics. Two Autoregressive Distributed-lagged model models were fitted. Regression coefficients for FDI were 0.44 and -0.040 in the short run and -0.501 in the long run. The p values were 0.008 and 0.015 and 0.654 respectively. The results indicated that a 1 % increase in current quarters FDI would lead to a 0.44% increase in capital flight and a 1% increase in previous quarters FDI would lead to a decrease of 0.040% in capital flight. Regression results showed a coefficient of 0.006 and - 0.004 for Gross Domestic Product growth rate in the short run, and 0.038 in the long run. The p values were 0.422, and 0.638 and 0.749 respectively meaning that Gross Domestic Product growth rate and the capital flight had no significant relationship. Regression results showed a coefficient of -0.001 and -0.005 for inflation in the short run and -0.088 for inflation for the long run. The p values were 0.844 and 0.363 and 0.253 respectively. This indicated that inflation and the capital flight had an insignificant relationship. The study recommends that government adopts strategic management on FDI inflow transactions to avoid possible leakages of the same money going out as capital flight.

scholarly journals The Bank Sector Performance and Macroeconomics Environment: Empirical Evidence in Togo

2017 ◽  
Vol 9 (2) ◽  
pp. 180 ◽  
Author(s):  
Adama Combey ◽  
Apelete Togbenou
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Real Effective Exchange Rate ◽  
Domestic Product ◽  
Return On Assets ◽  
Gross Domestic Product Growth ◽  
Return On Equity ◽  
Real Gross Domestic Product ◽  
Effective Exchange ◽  
Effective Exchange Rate

This article investigates short-run and long-run relationship between three main macroeconomic indicators (gross domestic product growth, real effective exchange rate, and inflation) and banking sector profitability (measured by return on assets and return on equity) in Togo, from 2006 to 2015, by using Pool Mean Group estimator. Results show that, in the short-run, banks’ return on assets and return on equity are not related to macroeconomic variables. But banks’ return on assets is determined positively by bank capital to assets ratio and bank size while banks’ return on equity is affected negatively by bank capital to assets ratio. However, in the long-run, real gross domestic product growth and real effective exchange rate affect negatively and statistically significant banks’ return on assets, while inflation rate has no effect. Concerning bank’s return on equity, in the long-run, results suggest that real gross domestic product growth, real effective exchange rate, and inflation affect negatively bank’s return on equity. These results imply that to stabilize bank profitability and make Togolese banking sector more resilient, policymakers and banking sector managers must, among others, try to improve real gross domestic product growth, real effective exchange rate, and inflation volatility anticipation.

scholarly journals ANALISIS PENGARUH PRODUK DOMESTIK BRUTO, TINGKAT INFLASI, DAN NILAI TUKAR RUPIAH ATAS US DOLLAR TERHADAP IMPOR INDONESIA PERIODE 2010.Q1 – 2017.Q4

2020 ◽  
Vol 1 (1) ◽  
pp. 31-43
Author(s):  
Jusmer Sihotang ◽  
Yabes Gulo
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Inflation Rate ◽  
Domestic Product ◽  
Series Data ◽  
Multiple Regression Equation ◽  
Independent Variables ◽  
Real Gross Domestic Product ◽  
Us Dollar ◽  
The Impact

This study aims to analyze the effect of Gross Domestic Product (GDP), inflation rate, and the Indonesian Rupiah (IDR) exchange rate to US Dollar on Indonesian imports. The study uses multiple regression equation models using secondary time series data in the period of 2010.Q1 to 2017.Q4. The results showed that the coefficient sign of each regression independent variable (real Gross Domestic Product, inflation rate, and Indonesian Rupiah (IDR) exchange rate on US Dollar) were in accordance with theoretical expectations, and all of these independent variables could explain for 60.3 percent of the diversity of the dependent variable namely imports Indonesia. Both simultaneously and individually all these independent variables significantly influence Indonesia's imports at the level of α = 1%. The real Gross Domestic Product and inflation rate have a positive and significant effect on Indonesian imports, while the Indonesian Rupiah (IDR) exchange rate on US Dollar has a negative and significant effect on Indonesia's imports. Based on the results of the study, in order to control Indonesia's imports in the future, a policy should be guarantee the availability of various imported substitution products, easy to obtain, and can compete with imported products. Thus the impact of the increase in Gross Domestic Product, an increase in the inflation rate, and the appreciation of the rupiah against the increase in Indonesian imports will be controlled.

scholarly journals An Econometric Assessment of the Impact of Exchange Rate Depreciation on Inflation in Nigeria (1981-2017)

2019 ◽  
Author(s):  
Kenneth Apeh ◽  
Abubakar Muhammad Auwal ◽  
Nweze Nwaze Obinna
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Inflation Rate ◽  
Government Expenditure ◽  
Domestic Product ◽  
Economic Policies ◽  
Distributed Lag ◽  
Long Run ◽  
The Impact ◽  
Exchange Rate Depreciation

The present reality of the Nigerian economy is the fact that inflation has remained unabated in spite of all exchange rate measures that have been adopted by the monetary authority. This calls for investigation into the extent to which exchange rate impact on inflation in Nigeria. The research paper examined the impact of exchange rate depreciation on inflation in Nigeria for the period 1981–2017, using Auto Regressive Distributed Lag (ARDL) Bounds Test Cointegration Procedure. The research shows that inflation rate in Nigeria is highly susceptible to lagged inflation rate, exchange rate, lagged exchange rate, lagged broad money, and lagged gross domestic product at 5% level of significance. A long run relationship was also found to exist between inflation rate, gross domestic product and general government expenditure, indicating that the model has a self-adjusting mechanism for correcting any deviation of the variables from equilibrium. Therefore, this study concludes that exchange rate is an important tool to manage inflation in the country; thus, this paper recommends that policies that have direct influence on inflation as well as exchange rate policies that would checkmate inflation movement in the country, should be used by the Central Bank of Nigeria. Also, monetary growth and import management policies should be put in place to encourage domestic production of export commodities, which are currently short-supplied. In addition, policy makers should not rely on this instrument totally to control inflation, but should use it as a complement to other macro-economic policies.

Trade Liberalization and Economic Growth: The Scenario of the MINT Economies

Economy ◽  
2021 ◽  
Vol 8 (2) ◽  
pp. 35-48
Author(s):  
Innocent U Duru
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Trade Liberalization ◽  
Domestic Product ◽  
Causality Test ◽  
Significance Level ◽  
Real Gross Domestic Product ◽  
Policy Objectives ◽  
Per Capita ◽  
The Impact

This study investigated the impact of trade liberalization on economic growth for Mexico, Indonesia, Nigeria and Turkey from 1986 to 2020. The Autoregressive Distributed Lag Bounds approach to cointegration and Toda and Yamamoto causality test were utilized for this study. The long-run results revealed that there is no relationship between trade liberalization and real gross domestic product per capita except for Mexico and in this situation, the significance level was at 10%. The results of the causality test showed that no causality was detected between real gross domestic product per capita and trade liberalization for Mexico and Indonesia. A bidirectional causality between real gross domestic product per capita and trade liberalization was found for Nigeria whereas a unidirectional causality from trade liberalization to real gross domestic product per capita was revealed for Turkey. The no causality results for Mexico and Indonesia means that the policy objectives of trade liberalization and economic growth can be pursued independently in both economies. In addition, the bidirectional causality detected for Nigeria suggests that the policy objectives of trade liberalization and economic growth can be pursued together in Nigeria. Furthermore, the unidirectional causality from trade liberalization to real gross domestic product per capita found for Turkey implies that she employs trade liberalization policies effectively for objectives of economic growth, thus trade liberalization causes economic growth.

Sign in / Sign up

Export Citation Format

Share Document