EconPapers    
Economics at your fingertips  
 

Exchange Rate Volatility and Employment Growth in Developing Countries: Evidence from Turkey

Firat Demir

MPRA Paper from University Library of Munich, Germany

Abstract: Employing a unique panel of 691 private firms that accounted for 26% of total value-added in manufacturing in Turkey, the paper explores the impacts of exchange rate volatility on employment growth during the period of 1983 - 2005. The empirical analysis using a variety of specifications, estimation techniques, and robustness tests suggests that exchange rate volatility has a statistically and economically significant employment growth reducing effect on manufacturing firms. Using point estimates, the results suggest that for an average firm a one standard deviation increase in real exchange rate volatility reduces employment growth in the range of 1.4 - 2.1 percentage points.

Keywords: Exchange Rate Volatility; Employment Growth; Manufacturing Firms; South Eastern Europe; Turkey (search for similar items in EconPapers)
JEL-codes: E24 F31 L6 (search for similar items in EconPapers)
Date: 2010
New Economics Papers: this item is included in nep-ara
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

Published in World Development 38.8(2010): pp. 1127-1140

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/24477/1/MPRA_paper_24477.pdf original version (application/pdf)

Related works:
Journal Article: Exchange Rate Volatility and Employment Growth in Developing Countries: Evidence from Turkey (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:24477

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2025-03-22
Handle: RePEc:pra:mprapa:24477