The Effect of Exchange Rate Regimes on the Flow of Commerce Sport Groups in the Middle East: Spatial Econometric Approach

One of the most important and most influential topics in macroeconomics and international economics is the choice of exchange rate regime. The type of exchange rate regime affects a wide range of economic variables in each country. Currency revenues on oil exports increase the importance of exchange rate regime and foreign exchange policies. As well as the exchange rate is an important factor in the rise and fall of nation’s commerce. This study aimed to investigate the exchange rate regimes on flow of sporting goods commerce group during the period 2013-1993 in the Middle East whit using panel data. Data sources were World Bank, the WTO, and the IMF and international information center. Stata 12software was used for data analysis. The results showed that commerce, GDP, distance, population and having a joint business agreement has a positive effect and having a common language, colonial and consolidated variable consumer price index and effective exchange rate has a negative effect on the flow of sporting goods group commerce. The GDP, a joint business agreement, a common language and colonial were statistically significant but other variables were not significant.