| dc.contributor.author | Musyoki, Danson | |
| dc.contributor.author | Pokhariyal, Ganesh P | |
| dc.contributor.author | Pundo, Moses | |
| dc.date.accessioned | 2013-06-23T10:02:40Z | |
| dc.date.available | 2013-06-23T10:02:40Z | |
| dc.date.issued | 2012 | |
| dc.identifier.citation | Danson Musyoki, Ganesh P. Pokhariyal, Moses Pundo (2012). The impact of real exchange rate volatility on economic growth: Kenyan evidence. Business and Economic Horizons Volume 7 | Issue 1 | June 2012 |pp. 59-75 | en |
| dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/38479 | |
| dc.description.abstract | This paper examines the impact of real exchange rate volatility on economic growth
in Kenyan. The study employed the Generalized Autoregressive Condition of
Heteroscedasticity (GARCH) and computation of the unconditional standard
deviation of the changes to measure volatility and Generalized Method Moments
(GMM) to assess the impact of the real exchange rate volatility on economic growth
for the period January 1993 to December 2009. Data for the study was collected
from Kenya National Bureau of Statistics, Central Bank of Kenya and International
Monetary Fund Data Base by taking monthly frequency. The study found that RER
was very volatility for the entire study period. Kenya’s RER generally exhibited a
appreciating and volatility trend, implying that in general, the country’s international
competitiveness deteriorated over the study period. The RER Volatility reflected a
negative impact on economic growth of Kenya. | en |
| dc.language.iso | en | en |
| dc.title | The impact of real exchange rate volatility on economic growth: Kenyan evidence | en |
| dc.type | Article | en |
| local.publisher | Catholic University of Eastern Africa Faculty of Commerce | en |
| local.publisher | University of Nairobi School of Mathematics | en |
| local.publisher | Catholic University of Eastern Africa Faculty of Arts and Social Science | en |
