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Exchange Rates and Economic Growth in Kenya: An Econometric Analysis

Author

Listed:
  • McPherson, M.F.
  • Rakovski, T.

Abstract

The current work expands on an earlier paper which had discussed the relationship between economic growth and exchange rate in Kenya. Based on data for the period 1970 to 1996, we analyze the possible direct and indirect relationship between the real and nominal exchange rates and GDP growth.

Suggested Citation

  • McPherson, M.F. & Rakovski, T., 2000. "Exchange Rates and Economic Growth in Kenya: An Econometric Analysis," Equity and Growth through Economic Research 56, EAGER Publication/BHM.
    • Handle: RePEc:fth:eagerd:56
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    Citations

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    Cited by:

    1. Kenny S, Victoria, 2019. "Macroeconomic Performance Indicators and Exchange Rate Misalignment in Nigeria," MPRA Paper 93292, University Library of Munich, Germany.
    2. Vera Ogeh Fiador & Nicholas Biekpe, 2015. "Monetary policy and exchange market pressure-evidence from sub-Saharan Africa," Applied Economics, Taylor & Francis Journals, vol. 47(37), pages 3921-3937, August.
    3. Muhammad Kamran Khan & Jian-Zhou Teng & Muhammad Imran Khan, 2019. "Cointegration between macroeconomic factors and the exchange rate USD/CNY," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-15, December.
    4. Faris Alshubiri, 2022. "The Impact of the Real Interest Rate, the Exchange Rate and Political Stability on Foreign Direct Investment Inflows: A Comparative Analysis of G7 and GCC Countries," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 29(3), pages 569-603, September.

    More about this item

    Keywords

    EXCHANGE RATE ; INFLATION ; ECONOMIC GROWTH;
    All these keywords.

    JEL classification:

    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • F30 - International Economics - - International Finance - - - General

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