Title of article :
AN EMPIRICAL DISCOURSE ANALYSIS ON CORRELATIONS BETWEEN EXCHANGE RATE AND EXPORTS
Author/Authors :
Parnornmast, Chayongkan Mahanakorn University of Technology - Faculty of Business Administration - Department of Finance and Banking, THAILAND , Jermsittiparsert, Kittisak Rangsit University - College of Government and Public Governance - Department of Political Science, THAILAND , Sriyakul, Thanaporn Mahanakorn University of Technology - Faculty of Business Administration - Department of Management, Thailand
Abstract :
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 ofexchange rate and exports by means of advancedstatistical 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 andtruths, over which the other members in the society dare not to doubt nor dispute.
Keywords :
Empirical Discourse Analysis , Exchange Rate , Exports
Journal title :
Social and Management Research Journal
Journal title :
Social and Management Research Journal