Document Type : Research Paper

Author

• aso esmailpour

teacher/university

Abstract

In this article, the foreign exchange market index (EMP) in the countries that ‎export metals, spices, raw materials and energy during the period of ‎‏1990‏‎-‎‏2020‏‎ by ‎applying the simple panel transition regression model (PSTR), two regimes on the real ‎price of food, food, energy and raw materials , show ‎that the currency market pressure has a negative and significant effect on the real price ‎of food, metals, energy and raw materials among the countries that export the studied ‎goods, so that the level of trade balance shows a negative and significant effect in a ‎linear and non-linear manner on the pressure of the foreign exchange market, on the ‎other hand, the real price index of goods in both regimes has strengthened the pressure ‎of the foreign exchange market in the exporting countries, in the food exporting ‎countries The commodity price index shows a positive and significant effect on the ‎foreign exchange market pressure in two regimes, and the net foreign asset also has a ‎positive and significant effect in both linear and non-linear regimes, and the Balassa-‎Samuelson effect in the two regimes of exporting countries. Food has a positive and ‎significant effect on the pressure of the currency market. In countries that export raw ‎materials, price indices and trade balance levels have a negative and significant effect ‎on currency market pressure in the first and second regimes, on the other hand, net ‎foreign assets have a positive effect in the first regime and a positive effect in the ‎second regime.

Keywords

• Currency market pressure, real food prices, energy, raw materials, metals, soft panel &lrm
• regression

Main Subjects

• Public Sector Economics