The impact of exchange rate uncertainty on pistachio export demand from Iran using panel GARCH model

摘要

In this paper, the impact of uncertainty of exchange rate on Iran's pistachio export demand was investigated. We estimate conditional variance (that is equivalent to uncertainty) For each of importing countries With GARCH model. Panel data were used to estimate the export demand function of Iran's pistachio nuts to Eight Main Importing countries for the period of 1992 to 2015 so that the relationship between factors affecting Iran's pistachio exports can be examined. The results show the existence of long-run relationships among the variables that have a significant impact on Iran's pistachio exports. The empirical results indicate that uncertainty of exchange rate had a statistically significant negative impact (-0.24881) on the import demand of those countries.