The choice of exchange rate regimes in the MENA countries: A probit analysis

被引:0
|
作者
Sfia M.D. [1 ]
机构
[1] Faculté des Sciences Economiques et de Gestion, University of Tunis, Tunis 2000, B P 477, Le Bardo
关键词
Exchange rate regimes; MENA countries; Probit models;
D O I
10.1007/s10368-010-0169-5
中图分类号
学科分类号
摘要
This paper analyses empirically the determinants of exchange rate regime choice in 17 MENA countries. For this purpose, we use both de jure and de facto regime classifications test and estimate a series of binomial and multinomial probit models. Regressions results highlight the important influence of two factors: trade openness and oil export capacity. © 2010 Springer-Verlag.
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页码:275 / 305
页数:30
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