Exchange Rate Policy and Its Impact on the Development of Exports in South Korea. An Empirical Study 1980-2019

Abstract

This paper aims to determine the impact of the exchange rate on South Korean exports, based on the descriptive and quantitative analyzes of this relationship, using the Co-integration method in measuring the relationship between these two variables during the period between 1980 and 2019. This study concluded that the exchange rate positively effect of the exports. and The Co-integration test shows that there is a long-term relationship between the exchange rate and The and Korean exports, also it shows the results of the estimation of error correction model that the exchange rate contributes to the growth of The Korean exports in the long term more than its contribution in the short term.