Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul

The objective of this study focuses on empirically analysing the discourse on the correlations between exchange rate and exports, which has been reproduced constantly and extensively in Thai society by authorities from academic circles and public and private sectors. Hence, this study analyses the t...

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Main Authors: Parnornmast, Chayongkan, Jermsittiparsert, Kittisak, Sriyakul, Thanaporn
Format: Article
Language:English
Published: Research Management Institute (RMI) 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/13112/
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author Parnornmast, Chayongkan
Jermsittiparsert, Kittisak
Sriyakul, Thanaporn
author_facet Parnornmast, Chayongkan
Jermsittiparsert, Kittisak
Sriyakul, Thanaporn
author_sort Parnornmast, Chayongkan
building UiTM Institutional Repository
collection Online Access
description The objective of this study focuses on empirically analysing the discourse on the correlations between exchange rate and exports, which has been reproduced constantly and extensively in Thai society by authorities from academic circles and public and private sectors. Hence, this study analyses the time series data of exchange rate and exports by means of advanced statistical methodologies, the regression analysis and Johansen's cointegration test. The regression analysis finds that the exchange rate is negatively correlated to the exports, but Johansen's cointegration test results contrariwise that there is no cointegrating relationship in-between. Therefore, such a claim is not an error made in good faith but another example of domineering discourses enabling the elites to take advantages by disguising them as knowledge and truths, over which the other members in the society dare not to doubt nor dispute.
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spelling uitm-131122022-12-29T03:10:26Z https://ir.uitm.edu.my/id/eprint/13112/ Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul smrj Parnornmast, Chayongkan Jermsittiparsert, Kittisak Sriyakul, Thanaporn International finance Stock exchanges. Insider trading in securities The objective of this study focuses on empirically analysing the discourse on the correlations between exchange rate and exports, which has been reproduced constantly and extensively in Thai society by authorities from academic circles and public and private sectors. Hence, this study analyses the time series data of exchange rate and exports by means of advanced statistical methodologies, the regression analysis and Johansen's cointegration test. The regression analysis finds that the exchange rate is negatively correlated to the exports, but Johansen's cointegration test results contrariwise that there is no cointegrating relationship in-between. Therefore, such a claim is not an error made in good faith but another example of domineering discourses enabling the elites to take advantages by disguising them as knowledge and truths, over which the other members in the society dare not to doubt nor dispute. Research Management Institute (RMI) 2013-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/13112/2/13112.pdf Parnornmast, Chayongkan and Jermsittiparsert, Kittisak and Sriyakul, Thanaporn (2013) Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul. (2013) Social and Management Research Journal (SMRJ) <https://ir.uitm.edu.my/view/publication/Social_and_Management_Research_Journal_=28SMRJ=29.html>, 10 (2). pp. 39-51. ISSN 1675-7017 https://smrj.uitm.edu.my/
spellingShingle International finance
Stock exchanges. Insider trading in securities
Parnornmast, Chayongkan
Jermsittiparsert, Kittisak
Sriyakul, Thanaporn
Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul
title Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul
title_full Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul
title_fullStr Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul
title_full_unstemmed Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul
title_short Empirical discourse analysis on correlations between exchange rate and exports / Chayongkan Parnornmast, Kittisak Jermsittiparsert and Thanaporn Sriyakul
title_sort empirical discourse analysis on correlations between exchange rate and exports / chayongkan parnornmast, kittisak jermsittiparsert and thanaporn sriyakul
topic International finance
Stock exchanges. Insider trading in securities
url https://ir.uitm.edu.my/id/eprint/13112/
https://ir.uitm.edu.my/id/eprint/13112/