Panel data modeling of exchange rate volatility and disaggregated Moroccan exports

Authors

  • CHERKAOUI Abdelhai
  • SALMI Yahya

DOI:

https://doi.org/10.5281/zenodo.7688983

Keywords:

exportation désagrégée, données de panel, taux de change, volatilité, GARCH

Abstract

The main objective of this paper is to study the impact of real exchange rate volatility on disaggregated Moroccan exports, during the period from 2000 to 2021, using the annual databases of the Moroccan foreign exchange office and the World Bank. For this study, we used an econometric approach based on random-effects panel data modeling by measuring volatility with a GARCH model (1.1). In this geographical analysis, we have estimated the elasticities while grouping the four zones (Europe; America; Asia and Africa). Most of the results obtained are statistically significant and had shown good signs. In other words, the volatility of the real exchange rate has a negative effect on disaggregated exports.

Author Biographies

CHERKAOUI Abdelhai

Professor of Economics at the Faculty of Legal, Economic and Social Sciences. Tangier. Abdelmalek Essaadi University.

SALMI Yahya

Phd student in economics at the Faculty of Legal, Economic and Social Sciences. Tangier. Abdelmalek Essaadi University.

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Published

2023-02-28

How to Cite

Abdelhai, C. ., & Yahya, S. . (2023). Panel data modeling of exchange rate volatility and disaggregated Moroccan exports. African Scientific Journal, 3(16), 273. https://doi.org/10.5281/zenodo.7688983

Issue

Vol. 3 No. 16 (2023)

Section

Articles

License

Copyright (c) 2023 African Scientific Journal

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.