TY - GEN
T1 - Exchange rate uncertainty and Egyptian exports of horticultural commodities into the EU
AU - Abouhatab, Assem
AU - Nsabimana, Aimable
PY - 2019
Y1 - 2019
N2 - This paper investigates the impact of exchange rate volatility on Egyptian exports of fresh fruit and vegetables (FFVs) to their major importing markets in the EU. Using quarterly data covering the period 1994-2016, we examine the determinants of Egypt's exports of FFVs to the EU, and then derive the long-term effects of exchange rate volatility on the FFV exports. The empirical results show that exchange rate volatility has a long-run significant effect on Egypt's FFV exports to the EU. Overall, the findings highlight the importance of exchange rate volatility in understanding the behavior of Egyptian exports of FFVs to the EU. Thus, the design and implementation of exchange rate policies and export promotion programs in Egypt should take into consideration the stability and level of the real exchange rate.
AB - This paper investigates the impact of exchange rate volatility on Egyptian exports of fresh fruit and vegetables (FFVs) to their major importing markets in the EU. Using quarterly data covering the period 1994-2016, we examine the determinants of Egypt's exports of FFVs to the EU, and then derive the long-term effects of exchange rate volatility on the FFV exports. The empirical results show that exchange rate volatility has a long-run significant effect on Egypt's FFV exports to the EU. Overall, the findings highlight the importance of exchange rate volatility in understanding the behavior of Egyptian exports of FFVs to the EU. Thus, the design and implementation of exchange rate policies and export promotion programs in Egypt should take into consideration the stability and level of the real exchange rate.
KW - FMOLS model
KW - exchange rate volatility
KW - fresh fruit and vegetables
KW - FMOLS model
KW - exchange rate volatility
KW - fresh fruit and vegetables
UR - https://res.slu.se/id/publ/101478
U2 - 10.17660/ActaHortic.2019.1258.2
DO - 10.17660/ActaHortic.2019.1258.2
M3 - Conference paper in proceedings
T3 - Acta Horticulturae
SP - 11
EP - 18
BT - Proceedings of the XIX Symposium on Horticultural Economics and Management, VII Symposium on Supply Chains, II Symposium on Economics, Marketing and Consumer Research and VIII Symposium on Education and Consultancy : Istanbul, Turkey, August 12-16, 2018
PB - International Society for Horticultural Science
ER -