Artikel
Economic growth, exchange rate and remittance nexus: Evidence from Africa
This paper examined the nexus between economic growth and exchange rate, remittances, trade, and agricultural output based on data sourced from 1980 to 2018 for 10 selected African economies. We employed both the Dumitrescu and Hurlin time-domain Granger causality test and the Croux and Reusens frequency domain Granger causality test. Results from the time-domain test suggests that causality only exists between economic growth and both exchange rate and trade, with no significant relationship between economic growth and both remittances and agricultural output. When we employed frequency domain model in our analysis, the results suggested that there is a bi-directional temporary and permanent causality between economic growth and exchange rate, trade, agriculture, and remittances. Our results suggest the validity of both the J-Curve and Marshall-Lerner hypotheses in the studied economies. Our study offers some relevant policy implications.
- Sprache
-
Englisch
- Erschienen in
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Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 15 ; Year: 2022 ; Issue: 6 ; Pages: 1-13
- Klassifikation
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Management
- Thema
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Africa
agricultural output
economic growth
exchange rate
remittances
trade
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lawal, Adedoyin Isola
Salisu, Afees A.
Asaleye, Abiola John
Oseni, Ezeikel
Lawal-Adedoyin, Bukola Bose
Dahunsi, Samuel Olatunde
Omoju, Emmanuel Oluwasola
Tonye, Abigail Oyeronke Dick
Ogunwole, Elizabeth Bolatito
Babajide, Abiola
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2022
- DOI
-
doi:10.3390/jrfm15060235
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Lawal, Adedoyin Isola
- Salisu, Afees A.
- Asaleye, Abiola John
- Oseni, Ezeikel
- Lawal-Adedoyin, Bukola Bose
- Dahunsi, Samuel Olatunde
- Omoju, Emmanuel Oluwasola
- Tonye, Abigail Oyeronke Dick
- Ogunwole, Elizabeth Bolatito
- Babajide, Abiola
- MDPI
Entstanden
- 2022
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