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308362

The Exchange Rate and its Impact on Egyptian Agricultural Exports and Imports

Article

Last updated: 01 Jan 2025

Subjects

-

Tags

Agricultural economics

Abstract

The research aimed mainly at studying the impact of the exchange rate on the value of Egyptian agricultural exports and agricultural imports during the period (2000-2022). The research used the vector auto regression model (VAR) through using the Dickey Fuller test and Granger causality test to examine a causal relationship among these variables. The results showed that is a significant direct relationship between the exchange rate and agricultural exports which an increase by 10% in the exchange rate will leads to an increase by 13.4% in the value of agricultural exports. However, the results proved that there is no cointegration relationship between these two variables, and the results also showed that there is no causal relationship between them. Also, the results shows there is a significant direct relationship between the exchange rate and agricultural imports, and this isn't consistent with the economic theory because imports are inflexible, and most of the production inputs are imported from abroad, and there is no cointegration relationship or a causal relationship between these two variables.
 

DOI

10.21608/asejaiqjsae.2023.308362

Keywords

Cointegration relationship, VAR Model - Exchange rate, Lag period - Agricultural Exports

Authors

First Name

Esam

Last Name

Zaki

MiddleName

Mohamed

Affiliation

Agricultural Economic Research Institute (AERI), Agricultural Research Centre(ARC)

Email

ssm_zaki@yahoo.com

City

Giza

Orcid

-

Volume

44

Article Issue

3

Related Issue

42489

Issue Date

2023-09-01

Receive Date

2023-06-15

Publish Date

2023-09-30

Page Start

277

Page End

282

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_308362.html

Detail API

https://asejaiqjsae.journals.ekb.eg/service?article_code=308362

Order

2

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

MainTitle

The Exchange Rate and its Impact on Egyptian Agricultural Exports and Imports

Details

Type

Article

Created At

23 Dec 2024