Skip to main content

Exchange rate depreciation and exports: the case of Singapore revisited

Buy Article:

$55.00 plus tax (Refund Policy)

Abstract:

This article revisits the weak relationship between exchange rate depreciation and exports for Singapore, using a bivariate generalized autoregressive conditional heteroscedasticity in mean model that simultaneously estimates time-varying risk. The evidence shows that depreciation does not significantly improve exports, but that exchange rate risk significantly impedes exports. In sum, Singaporean policy makers can better promote export growth by stabilizing the exchange rate rather than generating its depreciation.

Document Type: Research Article

DOI: https://doi.org/10.1080/00036840500438848

Affiliations: 1: Department of Economics, Feng Chia University, Taichung, Taiwan 2: Department of Economics, University of Nevada, Las Vegas, Nevada, USA

Publication date: 2007-02-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more