EconPapers    
Economics at your fingertips  
 

Exchange rate management and manufactured exports in Sub-Saharan Africa

Khalid Sekkat and Aristomene Varoudakis

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: This paper empirically assesses the impact of exchange rate policy on manufactured export performance on a panel of major Sub-Saharan African (SSA) countries over the period 1970-1992. The impact of exchange rate policy is examined through the effect of three indicators: real effective exchange rate (REER) changes, real exchange rate (RER) volatility, and (model-based measures of) RER misalignment. Export supply equations are estimated for three manufacturing sectors (textile, chemicals, and metals) and two exchange rate regimes: a fixed rate regime represented by six CFA countries and a more flexible rate regime represented by five non-CFA countries. Our results suggest that exchange rate management matters for export performance. This is corroborated both by the significant impact of changes in the REER and by the negative influence exerted independently by RER misalignment.

Date: 2000-02
References: Add references at CitEc
Citations: View citations in EconPapers (65)

Published in: Journal of Development Economics (2000) v.61 n° 1,p.237-255

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Exchange rate management and manufactured exports in Sub-Saharan Africa (2000) Downloads
Working Paper: Exchange-Rate Management and Manufactured Exports in Sub-Saharan Africa (1998) 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:ulb:ulbeco:2013/7342

Ordering information: This working paper can be ordered from
http://hdl.handle.ne ... .ulb.ac.be:2013/7342

Access Statistics for this paper

More papers in ULB Institutional Repository from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().

 
Page updated 2025-03-30
Handle: RePEc:ulb:ulbeco:2013/7342