UMM Logo

Universitas Muhammadiyah Malang


Free Download Journals Directory


International Journal of Management and Business Research

.: Home > International Journal of Management and Business Research > 2011 > Volume 1 Number 4 > 1 Teimour Mohammadi; 1 Mehdi Taghavi; 2 Abolghasem Bandidarian

The Effect of Exchange Rate Uncertainty on Import with TARCH Approach

1 Teimour Mohammadi; 1 Mehdi Taghavi; 2 Abolghasem Bandidarian
1Department of Economics, School of Management and Economics, Science and Research Branch, Islamic Azad University (IAU), Tehran, Iran 2Department of Business Management, School of Management and Economics, Science and Research Branch, Islamic Azad University (IAU), Tehran, Iran
Abstract :

This paper investigates the effect of exchange rate uncertainty on the Iran’s import trade. The exchange rate ‎uncertainty series were generated utilizing the TARCH model. This model analyzes the asymmetric effects. The analysis of uncertainty and asymmetry ‎of the exchange rate shows significant TARCH ‎effect on Iran’s exchange rates‎. The findings of the study indicate negative shocks (bad news) had greater impact on volatility during the period. In the next stage imports demand function is estimated. There was a long run relationship among, real import ‎demand, real national income, real exchange rate and uncertainty of real exchange rate. Results show significant ‎and negative impact of exchange rate uncertainty on Iran’s imports, and import demand is positively affected by ‎real national income. Furthermore significant and negative impact of real exchange rate on Iran’s real imports is ‎found.‎

Keywords :
uncertainty; real exchange rate; Real national income; Real import; TARCH

Date Deposited : 29 Mar 2016 11:30

Last Modified : 29 Mar 2016 11:30

Official URL: http://www.ijmbr.org/article_26_1.html

Volume 1, Number 4, - 2011

Download:
Full Text Original
Abstract : pdf doc
Home | Peta Situs | Admissions | Student Research | E-Journal
Universitas Muhammadiyah Malang © 2011
Developed by Infokom UMM
Last Update : 13 December 2016 20:46Kumpulan file jurnal