Work

Exchange Rate Impacts on Investment of Manufacturing Sectors in Iran

Year: 2013

Type: article

Abstract: As a major factor in the development process and economic policies evaluation, investment and its growth rate have been considered in many studies. This paper examines the relationship between changes in exchange rate and the investment of manufacturing sectors in Iran during1995 to 2009 using the panel data approach. So, the annual data of manufacturing sectors is used to examine the impact of real exchange rate fluctuations on industrial investment. It is found a negative and statistically significant impact of real exchange rate movements on manufacturing investment.

Source: Business and Economic Research

DOI: 10.5296/ber.v3i2.3716

Authors: Mohammad Reza Lotfalipour, Maliheh Ashena, Maryam Zabihi

Institutions: Ferdowsi University of Mashhad, Tarbiat Modares University

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W2129239526

FWCI: 2.745

Cites: 38

Cited by: 12

Related to: 10