Exchange rate volatility and export performance: Evidence from the ASEAN-5
Date of Publication
2013
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Applied Economics
Subject Categories
Economics
College
Ramon V. Del Rosario College of Business
Department/Unit
Economics
Defense Panel Member
Marvin Raymond F. V
Mariel Monica R. Sauler
Abstract/Summary
Recent studies have shown that exchange rate volatilities have been a source of concern for a country's trade relations. This study investigates the effect of exchange rate volatility on the bilateral exports of the ASEAN-5 to its top three trading partners using an extended gravity model of balanced panel from 1995 to 2010. In order to attest robustness of the long-run relationship between exchange rate volatility and exports, panel unit root tests and cointegration tests are also conducted. After applying the necessary tests, the Generalized Two-Step Least Squares method is used to explain the relationship between the variables. Results show that the effect of exhange rate volatility is only significant on the bilateral exports of Singapore and Indonesia, having a negative and positive effect respectively.
Abstract Format
html
Language
English
Format
Accession Number
TU20038
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
181 leaves ; 28 cm.
Keywords
Foreign exchange rates--Philippines; Exports--Philippines
Recommended Citation
Carino, C. F., Dannug, A. N., Orbeta, M. G., & Tan, K. A. (2013). Exchange rate volatility and export performance: Evidence from the ASEAN-5. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/11310
