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On the nexus between exchange rate volatility and trade flows: panel data evidence from African economies

Rana Hosni

Afro-Asian Journal of Finance and Accounting2025https://doi.org/10.1504/aajfa.2025.144752article
ABDC C
Weight
0.50

What the paper says

The current paper explores the relationship between real exchange rate volatility and international trade flows in a sample of 13 African countries over the period from 1993 to 2020. To achieve this purpose, a separate trade equation for both exports and imports flows is examined using dynamic heterogeneous and panel cointegration techniques. Specifically, using the pooled-mean group estimator, the paper finds empirical evidence of a negative and statistically significant impact on exports flows in the long-run. Furthermore, exchange rate volatility is found to have no statistically significant impact on imports flows. Based on these findings, the paper suggests that if African economies want to reap the benefits from further integration into the global market, a careful design of macroeconomic imbalances, pertaining in particular to the trade policies and exchange rate management, should be motivated.

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https://doi.org/https://doi.org/10.1504/aajfa.2025.144752

Or copy a formatted citation

@article{rana2025,
  title        = {{On the nexus between exchange rate volatility and trade flows: panel data evidence from African economies}},
  author       = {Rana Hosni},
  journal      = {Afro-Asian Journal of Finance and Accounting},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1504/aajfa.2025.144752},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.