TY - JOUR JF - qjfep JO - qjfep VL - 8 IS - 29 PY - 2020 Y1 - 2020/6/01 TI - The impact of exchange rate on economic growth under different exchange rate regimes (in selected countries developed and developing) TT - اثر بی‌ثباتی نرخ ارز بر رشد اقتصادی تحت رژیم‌های مختلف ارزی (کشورهای منتخب توسعه یافته و در حال توسعه) N2 - This paper examines the role of different exchange rate regimes on relationship between exchange rate volatility and economic growth. To investigate this relationship, information of 53 countries with floating and fixed exchange rate regimes in the period of 1987-2016 are considered. GARCH technique is used to estimate exchange rate volatility and Difference GMM technique for estimating the model. The results indicate that the exchange rate volatility has a negative and significant effect on the economic growth of countries and negative impact of exchange rate volatility on economic growth is weaker in floating exchange rate regime countries compared with fix exchange rate regime countries. SP - 111 EP - 134 AU - Mohammadi, Elham AU - Kazerooni, Alireza AU - Asgharpur, Hossein AD - Tabriz University KW - Exchange rate volatility KW - dynamic panel (GMM) KW - economic growth KW - exchange rate regime UR - http://qjfep.ir/article-1-1038-en.html DO - 10.52547/qjfep.8.29.111 ER -