Effects of Increasing Exchange Rate on the Export Performance in Sri Lanka: A Gravity Model Approach
By: Uthpala Jaysinghe and Renée Fry-McKibbin
Open Access
|Dec 2019Abstract
This paper attempts to identify the causal relationship between rising of real effective exchange rate and the export performance in Sri Lanka for the period of 2000 to 2016. Study employed a Gravity model approach using a panel data set of 174 trading partner countries. The study finds that there is no significant impact of rising of exchange rate on export performance during the period of study. It is also found that GDP, distance, FDI, country being landlocked, global financial crisis and ending of civil war have a significant impact on export performance of the country.
DOI: https://doi.org/10.4038/sjae.v20i1.4646 | Journal eISSN: 2550-2883
Language: English
Page range: 60 - 84
Published on: Dec 31, 2019
Published by: Sri Lanka Agricultural Economics Association
In partnership with: Paradigm Publishing Services
© 2019 Uthpala Jaysinghe, Renée Fry-McKibbin, published by Sri Lanka Agricultural Economics Association
This work is licensed under the Creative Commons License.