The impact of fluctuation margin under pegged exchange rate regimes on economic growth
Other Title(s)
أثر معدل ربط العملة وفقا لأنظمة أسعار صرف العملات المربوطة على النمو الاقتصادي
Dissertant
Thesis advisor
University
Birzeit University
Faculty
Faculty of Business and Economics
Department
Department of Economics
University Country
Palestine (West Bank)
Degree
Master
Degree Date
2019
Arabic Abstract
أولت الدراسات الاقتصادية اهتماما كبيرا في العقدين الأخيرين لبحث أثر أنظمة سعر الصرف على النمو الاقتصادي.
هدفت هذه الرسالة إلى دراسة أثر معدل ربط العملة على النمو الاقتصادي ضمن أنظمة أسعار صرف العملات المربوطة ل 53 دولة من مختلف دول العالم التي تتبنى نظام صرف العملات المربوطة خلال الفترة الزمنية من عام 2000 الى 2017 اعتمدت الدراسة على تحليل نموذج GMM في تحليل البيانات لدراسة أثر معدل ربط العملة إلى جانب متغيرات ضبط كمعدلات التضخم و الاستثمار الاجنبي و الانفاق الحكومي و الاستقرار السياسي و التجارة الدولية بالإضافة الى رأس المال البشري على النمو الاقتصادي كشفت النتائج أن هناك أثر إيجابي لمعدل ربط العملة على النمو الاقتصادي، فالدول التي تعتمد معدل أعلى لربط العملة حققت نموا اقتصاديا أكبر من الدول التي تتبنى معدل ربط أقل للعملة
English Abstract
In the last two decades, several studies studied the impact of exchange rate regimes on economic growth.
For the purpose of studying the relation between pegging margin for pegged exchange rate regimes and economic growth, a panel dataset of 53 countries for the period 2000 – 2017 is used in this thesis.
The study utilizes the generalized method of moments (GMM) to analyze the impact of pegging margin for pegged exchange rate regimes on GDP per capita.
The results show that the growth rate is higher in countries with the higher fluctuation margin for exchange rate.
In countries with no margin, the growth rate is the lowest.
Moreover, the other control variables show that economic growth is enhanced by higher secondary schooling, lower government consumption as share of GDP, better maintenance of the rule of law, lower inflation, more of FDI and improvements in the terms of trade.
Moreover, the results revealed that soft peg is less harmful than hard peg to economic growth.
Main Subjects
Topics
No. of Pages
67
Table of Contents
Table of contents.
Abstract.
Abstract in Arabic.
Chapter One : Introduction.
Chapter Two : Literature review.
Chapter Three : Theoretical framework.
Chapter Four : Methodology and model.
Chapter Five : Descriptive analysis.
Chapter Six : Data analysis and empirical evidence.
Chapter Seven : Conclusions and recommendations.
References.
American Psychological Association (APA)
Ali, Sawsan. (2019). The impact of fluctuation margin under pegged exchange rate regimes on economic growth. (Master's theses Theses and Dissertations Master). Birzeit University, Palestine (West Bank)
https://search.emarefa.net/detail/BIM-977639
Modern Language Association (MLA)
Ali, Sawsan. The impact of fluctuation margin under pegged exchange rate regimes on economic growth. (Master's theses Theses and Dissertations Master). Birzeit University. (2019).
https://search.emarefa.net/detail/BIM-977639
American Medical Association (AMA)
Ali, Sawsan. (2019). The impact of fluctuation margin under pegged exchange rate regimes on economic growth. (Master's theses Theses and Dissertations Master). Birzeit University, Palestine (West Bank)
https://search.emarefa.net/detail/BIM-977639
Language
English
Data Type
Arab Theses
Record ID
BIM-977639
