Real exchange rate misalignment and economic performance in Namibia

Show simple item record Eita, Joel Hinaunye Jordaan, Andre Cillie 2015-03-05T08:04:21Z 2015-03-05T08:04:21Z 2013
dc.description.abstract This paper estimates the real exchange rate misalignment and investigates its impact on economic performance and competitiveness of Namibia for the period 1970 to 2011 using cointegrated vector autoregression methods. The results show that there were periods of overvaluation and undervaluation of the real exchange rate. The analysis reveals that misalignment has a negative impact on the competitiveness and performance of the economy. Maintaining the real exchange rate out of equilibrium reduces economic performance and competitiveness. This suggests that policy makers should monitor the real exchange rate regularly and make the exchange rate policy part of trade promotion strategy. en_ZA
dc.description.librarian hb2015 en_ZA
dc.description.uri en_ZA
dc.identifier.citation Eita, JH & Jordaan, AC 2013, 'Real exchange rate misalignment and economic performance in Namibia', Corporate Ownership and Control, vol. 10, no. 3, pp. 352-367. en_ZA
dc.identifier.issn 1727-9232 (print)
dc.identifier.issn 1810-3057 (online)
dc.identifier.issn 1810-0368 (CD)
dc.language.iso en en_ZA
dc.publisher Virtus Interpress en_ZA
dc.rights © Virtus interpress 2013 en_ZA
dc.subject Economic performance en_ZA
dc.subject Namibia en_ZA
dc.subject Trade promotion strategy en_ZA
dc.subject Real exchange rate misalignment en_ZA
dc.subject Competitiveness en_ZA
dc.subject Cointegrated vector autoregression methods en_ZA
dc.title Real exchange rate misalignment and economic performance in Namibia en_ZA
dc.type Article en_ZA

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