The impact of exchange rate risk on Africa's imports of world poultry
Davis, Christopher G. | Taha, Fawzi A.
This study's objective is to examine the impact of exchange rate risk on Africa's poultry imports. Both random and fixed effects estimates are derived using a generalised gravity model and data from 2000–2012. Findings show that the distance between importing and exporting countries has a negative effect on poultry imports into Africa. The importing country's gross domestic product (GDP) has a positive effect on the poultry trade to Africa, while short- and long-term exchange rate risk causes a reduction in poultry trade to African countries. Also, an increase in the total poultry exported by a country has a positive impact on the importing African country.
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