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The Impact of the Exchange Rate Evolution on Romanian Exports

Author

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  • Iuga Iulia

    (”1 Decembrie 1918” University of Alba Iulia, Faculty of Economic Sciences)

Abstract

The scope of this paper is to study the influence of the currency phenomenon on Romanian exports between 2006 - 2014. The method that we propose in this study is the analysis of an econometric model, where we approach the intensity of the relationship between the currency phenomenon, expressed through the euro/ron exchange rate and the Romanian export volume. The research results have lead to the validation of hypotheses and they show that there is indeed a relationship between the explanatory variable and the dependent variable. The analysis suggests the vulnerability of the Romanian economic environment, the behavioral tendencies of which are difficult to identify, due to the fact that the business sector has suffered substantial structural changes in the last years. The originality of this paper resides in the fact that it shapes two important variables at a national level, in today’s macroeconomic context.

Suggested Citation

  • Iuga Iulia, 2015. "The Impact of the Exchange Rate Evolution on Romanian Exports," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 779-784, May.
  • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:779-784
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    More about this item

    Keywords

    econometric model; export; Exchange rate;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

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