Exchange Rate Dynamics: Evidence From Major Sub-Saharan Africa Oil-Exporting Countries

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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Main Author: Abdullahi, Idris Abdulqadir
Format: Thesis
Language:English
Published: 2019
Subjects:
H1-99 Social sciences (General)
Online Access:http://eprints.usm.my/55751/1/IDRIS%20ABDULQADIR%20ABDULLAHI.pdf
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spelling 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
institution Universiti Sains Malaysia
collection USM Institutional Repository
language English
topic H1-99 Social sciences (General)
spellingShingle H1-99 Social sciences (General)
Abdullahi, Idris Abdulqadir
Exchange Rate Dynamics: Evidence From Major Sub-Saharan Africa Oil-Exporting Countries
description 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

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