Exchange rate uncertainty and Egyptian exports of horticultural commodities into the EU

Abstract

This paper investigates the impact of exchange rate volatility on Egyptian exports of fresh fruit and vegetables (FFVs) to their major importing markets in the EU. Using quarterly data covering the period 1994-2016, we examine the determinants of Egypt's exports of FFVs to the EU, and then derive the long-term effects of exchange rate volatility on the FFV exports. The empirical results show that exchange rate volatility has a long-run significant effect on Egypt's FFV exports to the EU. Overall, the findings highlight the importance of exchange rate volatility in understanding the behavior of Egyptian exports of FFVs to the EU. Thus, the design and implementation of exchange rate policies and export promotion programs in Egypt should take into consideration the stability and level of the real exchange rate.

Keywords

exchange rate volatility; fresh fruit and vegetables; FMOLS model

Published in

Acta Horticulturae
2019, volume: 1258, number: 1258, pages: 11-18
Title: Proceedings of the XIX Symposium on Horticultural Economics and Management, VII Symposium on Supply Chains, II Symposium on Economics, Marketing and Consumer Research and VIII Symposium on Education and Consultancy : Istanbul, Turkey, August 12-16, 2018
Publisher: International Society for Horticultural Science

Conference

XIX International Symposium on Horticultural Economics and Management, August 12 and 16, 2018, Istanbul, Turkey

SLU Authors

• Abouhatab, Assem

  • Department of Economics, Swedish University of Agricultural Sciences
    
  • Arish University

• Nsabimana, Aimable

  • Department of Economics, Swedish University of Agricultural Sciences
    
  • University of Rwanda

UKÄ Subject classification

Economics
Horticulture

Publication identifier

• DOI: https://doi.org/10.17660/ActaHortic.2019.1258.2
• ISBN: 978-94-62612-55-6
• eISBN: 978-94-62612-55-6

Permanent link to this page (URI)

https://res.slu.se/id/publ/101478