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research. The volatility is generally perceived as negatively affecting international trade. While theoretical predictions and … 2014, this paper uncovers no significant effects of exchange rate volatility on imports. In the case of exports, however …, the study finds a negative effect of volatility in the short-run, consistent with the above view, but a positive impact in …
Persistent link: https://www.econbiz.de/10011845413
policymakers in terms of its impact on tax revenue performance is exchange rate volatility. Using macrodata spanning 1984 to 2017 … exchange rate volatility is directly harmful to tax revenue performance, and indirectly through trade openness. …
Persistent link: https://www.econbiz.de/10012544816
Empirical evidence on the relationship between trade liberalization, exchange rates, and tax revenue is mixed. This paper examines these linkages anew. Using a panel of 22 countries in Sub-Saharan Africa, over 1980-1996, we perform Generalized Method of Moment regressions to test this...
Persistent link: https://www.econbiz.de/10012778607
policymakers in terms of its impact on tax revenue performance is exchange rate volatility. Using macrodata spanning 1984 to 2017 … exchange rate volatility is directly harmful to tax revenue performance, and indirectly through trade openness. …
Persistent link: https://www.econbiz.de/10012511634
Persistent link: https://www.econbiz.de/10009620666
exchange rate volatility. Coming from the background of volatility in Ghana’s exchange rate, could it be the reason for the … rate volatility on tax revenue, the study employed the Auto Regressive Distributed Lag (ARDL) technique after the yearly … volatility has a deleterious effect on tax revenue both in the short-run and long-run but the effect is more pronounced in the …
Persistent link: https://www.econbiz.de/10013237136
The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show that the models used to compute these numbers are not rich enough to allow for the rising importance of global value chains. Moreover, because different sectors within...
Persistent link: https://www.econbiz.de/10012956518
The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show that the models used to compute these numbers are not rich enough to allow for the rising importance of global value chains. Moreover, because different sectors within...
Persistent link: https://www.econbiz.de/10011772161
This paper analyzes the relation between nominal exchange rate volatility and several macroeconomic variables, namely … rate volatility is associated with higher growth, higher stocks of FDI, higher current account deficits, and higher excess …
Persistent link: https://www.econbiz.de/10013133893
This paper analyzes the relation between nominal exchange rate volatility and several macroeconomic variables, namely … rate volatility is associated with higher growth, higher stocks of FDI, higher current account deficits, and higher excess …
Persistent link: https://www.econbiz.de/10013109324