Title: EXCHANGE RATE AND ECONOMIC GROWTH IN NAMIBIA
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Authors: Johannes P Mushelenga, Johannes P Sheefeni |
Volume - 2 Issue - 5, Pages - 3248-3264
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Abstract: This study investigated the relationship between exchange rate and economic growth in Namibia.
In particular, the study examined how exchange rate, interest rate and trade openness affects
output growth. Time-series techniques such as unit root test, cointegration, generalized impulse
response functions and generalized forecast error variance analysis were applied on quarterly
data for the period 1993 to 2015, within the VAR framework. The results showed a positive
relationship between exchange rate and economic growth in the short-run, but a negative
relationship the two variables exchange rate and economic growth in the long-run |
Cite this Article: [Mushongo, Anton K, and Johannes P S Sheefeni. "EXCHANGE RATE AND ECONOMIC GROWTH IN NAMIBIA." International Journal of Social Science & Economic Research 2.4 (2017): 3248-264.] |
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