The Impact of Real Exchange Rate Uncertainty on Private Investment in Iran

2014 ◽  
Vol 3 (10) ◽  
pp. 1-12 ◽  
Author(s):  
Gholam Reza Zardashty
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Private Investment ◽  
Exchange Rate Uncertainty ◽  
The Impact

On the impact of exchange rate uncertainty on private investment in Ghana

2019 ◽  
Author(s):  
Emmanuel Kwasi Mensah ◽  
Lawrence Adu Asamoah ◽  
Johnson Worlanyo Ahiadorme
Keyword(s):  
Exchange Rate ◽  
Private Investment ◽  
Exchange Rate Uncertainty ◽  
The Impact

scholarly journals Impact of Budget Deficit on Nigeria’s Macroeconomic Variables: 1980-2012

2020 ◽  
pp. 135-150
Author(s):  
Chukwu L.C ◽  
Otiwu K ◽  
Okere P.A. ACIB
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Real Exchange Rate ◽  
Budget Deficit ◽  
Inflation Rate ◽  
Private Investment ◽  
Rate Effect ◽  
Macroeconomic Variables ◽  
Effect Model ◽  
The Impact

This study investigated the impact of budget deficit on macroeconomic variables of Nigeria, covering the period, 1980-2012.The study was informed by the need to solve the problem of ever-increasing huge budget deficit in the face of weak economic growth and macroeconomic performance. Employing the two stage least square, data analyses were carried out to cover the unit root, granger causality and co integration tests to produce five statistically significant models viz-a viz the budget deficit and economic growth model, the budget deficit and real interest rate effect model, the budget deficit and inflation rate effect model, the budget deficit and investment effect model, and the budget deficit and real exchange rate effect model. It was found out that budget deficits have significant negative relationship with gross domestic product growth rate, real private investment, inflation rate, real exchange rate and positive significant relationship with real interest rates. Thus, the study concludes on the basis of these findings that budget deficit financing has not engendered the required growth in the Nigerian economy and therefore should be reduced.

Open Door System and Endogenous Growth in Indian Economy: An Empirical Analysis on the Role of Human Capital and R&D in Explaining Industrial Productivity

2021 ◽  
Vol 46 (1) ◽  
pp. 24-37
Author(s):  
Arjun K. ◽  
Sanjay Kumar ◽  
A. Sankaran ◽  
Mousumi Das
Keyword(s):  
Human Capital ◽  
Exchange Rate ◽  
Real Exchange Rate ◽  
Endogenous Growth ◽  
Value Added ◽  
Capital Formation ◽  
Knowledge Capital ◽  
Test Technique ◽  
Long Run ◽  
The Impact

The present study investigates the impact of human capital, knowledge capital which is a function of human capital, and real exchange rate scenario in explaining long-run industrial total factor productivity (TFP) from 1980 to 2015 on the theoretical basis of the open endogenous growth model. The variables employed in the contemporary study include manufacturing value added (MNVA) as industrial output measure, gross fixed capital formation (GFCF) as a measure of capital and labour input which is measured using employment data. Gross enrolment ratio (GER) is taken as a measure for human capital formation, expenditure on research and development (R&D) as a proxy for knowledge capital, and real exchange rate indicates global economic shocks. The study involves estimating TFP for Industrial Sector during the post-liberalization period by employing Cobb-Douglas production function. The ARDL bounds test technique for cointegration revealed long-run relation among the varying factors studied. The Toda-Yamamoto causality test concluded bi-directional causality running between, R&D expenditure and Industrial TFP which sends a strong signal to the policymakers for a well-framed long-term integrated approach for human & knowledge capital formation which will act as a strong impetus for manufacturing firms to come up in terms of augmenting production and productivity and expanding foreign market horizon. JEL Classification: D24, E2, J24

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