The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model

Anwer Mezher Hamdaullah Al-Adhimi
Jurnal Publikasi Ekonomi dan Akuntansi 📅 2024 Vol 2, No 4 🔗 DOI: 10.61132/anggaran.v2i4.873
Abstract
This research aims to investigate whether the exchange rates and inflation in Iraq have a long-term equilibrium relationship or not. A dataset of exchange rates and inflation from 2000 to 2020 was used. Johansen’s cointegration test was employed to confirm that there is a long-term correlation between these variables. The Vector Error Correction Model (VECM) was utilized, along with Granger causality tests, to understand the long and short run connections and to determine if the causality flow is bidirectional or unidirectional. The results provided proof of a long-run equilibrium connection among inflation and rates of exchange, with strong evidence of a unidirectional causal flow from rates of exchange to inflation in Iraq.
Keywords
Exchange rate; VECM; Inflation
How to Cite

Anwer Mezher Hamdaullah Al-Adhimi (2024). The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model. Jurnal Publikasi Ekonomi dan Akuntansi, 2(4). https://doi.org/10.61132/anggaran.v2i4.873

Anwer Mezher Hamdaullah Al-Adhimi, "The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model," Jurnal Publikasi Ekonomi dan Akuntansi, vol. 2, no. 4, 2024.

Anwer Mezher Hamdaullah Al-Adhimi. "The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model." Jurnal Publikasi Ekonomi dan Akuntansi, vol. 2, no. 4, 2024.

Anwer Mezher Hamdaullah Al-Adhimi. "The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model." Jurnal Publikasi Ekonomi dan Akuntansi 2, no. 4 (2024).

Anwer Mezher Hamdaullah Al-Adhimi (2024) 'The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model', Jurnal Publikasi Ekonomi dan Akuntansi, 2(4). doi: 10.61132/anggaran.v2i4.873.

Anwer Mezher Hamdaullah Al-Adhimi. The Long-Term Relationship Between the Rate of Exchange and Inflation in Iraq: An Application of the Vector Error Correction Model. Jurnal Publikasi Ekonomi dan Akuntansi. 2024;2(4).

Artikel Terkait

Analisis Dampak Penerapan PSAK 73 (Sewa) terhadap Efisiensi Pajak dan Laba Bersih: Studi Kasus pada PT Mitra Adiperkasa Tbk

Meilani Ely Nur Sya'diah; Moh. Iskak Elly; Dyah Ayu Perwitasari

Pengaruh Literasi Digital dan Pemanfaatan Aplikasi Akuntansi terhadap Efektivitas Sistem Informasi UMKM dengan Kompetensi Pengguna sebagai Variabel Mediasi

Alda Rahmadhini; Suwandi, Suwandi

Implementasi SOP Produksi Emboss di PT Nikomas Gemilang

Anti Wulan Agustini; Maskanah Maskanah

Efektivitas Sistem Digital dalam Meningkatkan Penjualan di Toko Entus Collection Pasar Rau

Asep Munir Hidayat; Tubagus Hidayatulloh

Penerapan Time and Motion Study pada Proses Produksi di PT. Adis Dimension Footwear

Eka Rifianti; Anti Wulan Agustini

Transformasi Zakat Digital: Strategi Akselerasi Pengentasan Kemiskinan di Era Society 5.0

Fredi Setyono; Haikal Firmansah Anas Pratama
Tren Sitasi Jurnal