Real Effective Exchange Rate and Trade Performance in Iran

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Abstract:

The Purpose of this paper is to investigate the long-run effect of real effective exchange rate on Iran non-oil trade balance. The methodology is based on ARDL procedure that can be applied irrespective of whether the regressors are I(0) or I(1). The results show the real depreciation has not a favorable long - run effect on the non-oil trade balance of Iran from 1979 to 2001.

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Journal title

volume 9  issue 10

pages  39- 45

publication date 2004-04-01

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