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The Impact of EUR/RON Exchange Rate Policy on Romanian Exports

Author

Listed:
  • Teodor HADA

    (Bogdan Voda University, Cluj Napoca, Romania)

  • Teodora Maria AVRAM

    (1 Decembrie 1918 University, Alba Iulia, Romania)

  • Nicoleta BARBUTA-MISU

    (Dunarea de Jos University of Galati, Romania)

Abstract

This paper examines the impact of EUR/RON exchange rate policy on the exports in Romania, using monthly average values registered in the period 2006-2014. The results show that between the EUR/RON exchange rate and exports there is a significant direct relationship. The regression model was tested for estimation of the Romanian exports using the EUR/RON exchange rate in the period January 2015 - January 2016. We found that an increase of the EUR/RON exchange rate with 0.0971% determines an increase of real exports with 0.82%, that show the direct relationship is maintained. Thus, our results clearly highlight the importance of exchange rate policy in exports development.

Suggested Citation

  • Teodor HADA & Teodora Maria AVRAM & Nicoleta BARBUTA-MISU, 2018. "The Impact of EUR/RON Exchange Rate Policy on Romanian Exports," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 5-14.
    • Handle: RePEc:ddj:fseeai:y:2018:i:1:p:5-14
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    References listed on IDEAS

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