- Title
- The impact of the exchange rate on the manufacturing sector in South Africa (1983-2012)
- Creator
- Ogunjobi, Olamide Doris
- Subject
- Foreign exchange rates
- Subject
- Manufacturing industries
- Date
- 2015-07
- Type
- text
- Identifier
- http://hdl.handle.net/10353/25666
- Identifier
- vital:64355
- Description
- The study, in its quest to explore the impact of Real Exchange Rate on the manufacturing sector in South Africa over the quarterly period 1983-2012 (30years), a VAR technique and VECM by Johansen (1991, 1995) estimation techniques were used. The study adopted Hodge (2012) model using five variables with GDP manufacturing as the dependent variable and the independent variables include; real exchange rate, gross fixed capital formation, interest rate and trade openness. The empirical analysis shows that real exchange rate has a significant impact on the South Africa manufacturing Sector. The impulse response and variance decomposition analysis in this study also revealed that interest rate has a significant impact on the South African manufacturing Sector. Furthermore gross fixed capital formation has a positive impact on the manufacturing sector. The same cannot be said about the trade openness in the short run.
- Description
- Thesis (MCom) -- Faculty of Management and Commerce, 2015
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (95 pages)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- University of Fort Hare
- Rights
- All Rights Reserved
- Rights
- Open Access
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Collections
UFH Department of Economics
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details | SOURCE1 | 5504 Dissertation.pdf | 1 MB | Adobe Acrobat PDF | View Details |