Open AccessDeterminants of Cashew Nut Exports of Guinea-Bissau
Author(s) -
Júlio Vicente Catéia,
Clailton Ataídes de Freitas,
Paulo Ricardo Feistel
Publication year - 2021
Publication title -
international journal of economics and finance
Language(s) - English
Resource type - Journals
eISSN - 1916-9728
pISSN - 1916-971X
DOI - 10.5539/ijef.v13n9p117
Subject(s) - cashew nut , nut , variance decomposition of forecast errors , economics , exchange rate , commodity , new guinea , agricultural economics , monetary economics , econometrics , biology , agricultural science , market economy , history , ethnology , structural engineering , engineering
This study examines the impacts of income, exchange rate, and conflicts on Cashew nuts exports of Guinea-Bissau. The main results obtained by analyzing the impulse response function and variance decomposition showed that, in the short term, exchange rates shocks don’t explain the external demand for this commodity. External demand for cashew nuts responds to changes in global income and Civil Conflicts. However, in the long run, these variables have no impact on cashew nuts exports.