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Open access Sep 2026

FINANCIAL DEVELOPMENT, EXCHANGE RATE DYNAMICS, AND EXPORT GROWTH IN SOUTH AFRICA: A NARDL APPROACH

The study investigates the asymmetric impact of exchange rate dynamics and financial development on export growth in South Africa. This study employs annual time-series data from 1994 to 2024 and the nonlinear autoregressive distributed lag (NARDL) technique to determine the impacts of positive and negative shocks of t...

Glenda Maluleke, Goitsemodimo Abel Molocwa · 0 citations
Open access Aug 2026

Exchange Rate Asymmetry and Trade Performance in an Import-Dependent Economy: Evidence from Malaysia

This study examines the asymmetric effects of exchange rate movements on Malaysia’s trade performance within an import-dependent production environment. While conventional trade theory predicts that currency depreciation improves export competitiveness through relative price adjustments, such effects may be weakened in...

L. Goh, S. Law, Irwan Trinugroho · 0 citations
Open access Sep 2026

Asymmetric exchange rate effects on trade balance in the common monetary area: Evidence from a nonlinear ARDL analysis

Southern African Common Monetary Area (CMA) economies are exposed to fluctuations in the South African rand, with potential implications for external-sector performance. This study investigates the asymmetric effects of exchange-rate changes on the trade balance of CMA member countries. Annual time-series data for 1992...

T. Mashao, Lerato Mothibi · 0 citations
Open access Oct 2026

Foreign Direct Investment and Export Performance: A VECM Based Empirical Evidence from Tanzania

This study examines the long-run relationship between foreign direct investment (FDI) and export performance in Tanzania. The study is motivated by the continuing policy interest in using foreign investment to expand productive capacity, strengthen international competitiveness, and promote export growth. Annual time-s...

M. Idrisa · 0 citations
Open access Aug 2026

The asymmetric effect of exchange rate on economic growth in BRICS countries: Non-linear Panel ARDL approach

Exchange rate fluctuations are an important factor in shaping the quality of macroeconomic stability and growth in emerging nations. Understanding the asymmetric effects of exchange rates is important to properly frame policy in BRICS settings. This study's primary goal is to investigate the asymmetric effects of excha...

Goitsemodimo Abel Molocwa, I. Choga · 0 citations
Open access Aug 2026

Globalization and Economic Growth in Nigeria: Analyzing the Roles of FDI Inflows, Trade Liberalization, and External Borrowing in Nigeria

This study examines the impact of globalization on Nigeria’s economic growth, focusing specifically on the roles of Foreign Direct Investment (FDI), Trade Openness (TO), and External Debt (EXTD) from 1990 to 2023. Using the Autoregressive Distributed Lag (ARDL) Error Correction Model, the empirical findings reveal the...

Clement Ikuba Alegu · 0 citations

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