Panel data evidence of the impact of exchange rate uncertainty on private investment in South-east Asia

C-Tier
Journal: Applied Economics
Year: 2010
Volume: 42
Issue: 1
Pages: 57-61

Authors (2)

Rabindra Bhandari (not in RePEc) Kamal Upadhyaya

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This article examines the impact of real exchange rate uncertainty on the private investment in South-east Asia using panel data from four countries of the region namely, Indonesia, Malaysia, the Philippines and Thailand. Annual time series data from 1972 to 2001 is used. Before carrying out the estimation the time series properties of the data are diagnosed and an error correction model is developed and estimated. The model is estimated using both the fixed effects and the random effects estimators. The estimated results from both the estimations, suggest that the real exchange rate uncertainty had a negative effect on the private investment in that region.

Technical Details

RePEc Handle
repec:taf:applec:v:42:y:2010:i:1:p:57-61
Journal Field
General
Author Count
2
Added to Database
2026-01-29