Effects of exchange rate volatility in export industry in the Philippines, 1999-2013 / by Eb Princess L. Cunanan and Angelee Mongis.
Material type:
TextLanguage: English Publication details: Indang, Cavite : Cavite State University-Main Campus, 2015.Description: xi, 66 pages : illustrations ; 28 cmContent type: - text
- unmediated
- volume
- 382 C91 2015
- College of Economics, Management, and Development Studies (CEMDS)
| Item type | Current library | Collection | Call number | Materials specified | URL | Status | Notes | Date due | Barcode |
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Theses / Manuscripts
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Ladislao N. Diwa Memorial Library Theses Section | Non-fiction | 382 C91 2015 (Browse shelf(Opens below)) | Link to resource | Room use only | T-6032 | 00009760 |
Thesis (BS Business Management--Financial Management) Cavite State University
Includes bibliographical references.
College of Economics, Management, and Development Studies (CEMDS)
CUNANAN, EB PRINCESS L. AND MONGIS, ANGELEE F., Effects of Exchange Rate Volatility in Export Industry in the Philippines, 1999-2013. Undergraduate Thesis, Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. April 2015, Adviser: Mr. Marlon A. Mojica.
The study was conducted to determine the effect of exchange rate volatility and the response of export industry to its movement. It aimed to: determine the trend of exchange rate in the Philippines for the period Q1:1999-Q4:2013; describe the performance of the export industry in the Philippines in terms of value for the period Q1:1999-Q4:2013; identify if Philippine Peso — U.S Dollar exchange rate for the period Q1:1999-Q4:2013exhibit volatility clustering; identify the significant relationship between exchange rate and total export in the Philippines; and identify if there is significant relationship between exchange rate and export by major groups in the Philippines. Secondary data were used in the analysis of the exports of the Philippines and Philippine peso per US dollar exchange rate. Data were obtained from the Bangko Sentral ng Pilipinas, OANDA, Philippine Exporters Confederation, Inc., Philippine Statistical Authority, and the University Library. Data were analyzed using trend analysis, ordinary least squares (OLS), unit root test, and the generalized autoregressive conditional heteroskedasticity model (GARCH).
The results of trend analysis showed that Philippine Peso per US Dollar exchange rate had its rise and fall from 1999 to 2007 until it went steady in 2008 to 2013. Trend analysis showed that throughout the period of observation, the total export of the Philippines is largely composed of the manufactures that is why they have the same increasing trend. Agro-based products contributed largely as well to the total exports of the Philippines, followed by the mineral products and lastly, the special transactions. GARCH results showed that Philippine peso - U.S dollar Exchange rate does not exhibit volatility clustering. This means that the large changes which may occur over a period of time which is a result of a high volatility or, which is a result of low volatility when there are small changes is not present in Philippine peso - U.S dollar exchange rate. Result of OLS showed that there is a negative relationship between Philippine peso - U.S dollarExchange rate and total exports of the Philippines. It also showed a negative relationship with the exports of major commodities. Only special transactions showed a positive relationship with exchange rate
Submitted to the University Library 08/04/2020 T-6032