The Impact of Currency Shocks on Sanandaj Municipality Revenues in Iran

Authors

  • Shaho Heidari Gandoman Islamic Azad University
  • Shahla Nouri Islamic Azad University

DOI:

https://doi.org/10.5195/emaj.2020.191

Keywords:

Exchange, Currency Shock, Positive Currency Shocks, Negative Currency Shocks, Municipality Revenues, Sanandaj Municipality

Abstract

Exchange rate fluctuations have been affecting economic demand in recent years. The purpose of this study is to review the effects of exchange shocks on Sanandaj Municipality Revenues. The statistical population is Sanandaj municipality during 2006-2018 and SPSS, Eviews softwares were used for data analysis. The results show that since the correlation test is not significant at the level of 0.95, there is no significant relationship between two variables of municipality income and exchange fluctuations. Thus, the main hypothesis is rejected. In other words, exchange shocks have no impact on Sanandaj municipality revenues. Also based on the correlation test, since the correlation test is not significant at the level of 0.95, the relationship between the two variables of municipality income and negative exchange fluctuations is not significant and the sub-hypothesis (1) is rejected, and finally based on correlation test, since the correlation test is not significant at the level of 0.95, the relationship between two variables of municipality and positive exchange fluctuations is not significant. Thus, the sub-hypothesis (2) is rejected as well. It could be concluded that, Sanandaj municipality revenues do not follow the currency rate fluctuations.

References

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Published

2020-09-23

Issue

Vol. 10 No. 1 (2020)

Section

Articles

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