An Analysis on the Pivotal Relationship among Export, Exchange Rates and Economic Growth in the USA: 1960-2018

Abstract

This exploration attempts to quantify the causal relationship between the exchange rate, and the economic growth of the U.S.A. By operating the time series data from 1960-2018 an Ordinary Least Square (OLS) technique is utilized to assess the model and it illustrates a positive connection between exports, exchange rate, and GDP. In light of the result of the examination, the breakdown presumed that an expansion in export and exchange rate expands the estimation of the Gross Domestic Product of the U.S.A.