Investigating the effect of exchange rate uncertainty on the export of non-oil goods in Iran with emphasis on medicine

This study was conducted to investigate the effect of exchange rate uncertainty on drug exports in Iran Non-oil exports in Iran are a key element for economic growth.

in Iran by longitudinal studies from 2003 to 1397. The statistical population of the present study is pharmaceutical companies active in the field of export, which is based on data Official information and reports were selected and the sample included time series data from 2003 to 1397. To analyze the data and estimate the real exchange rate uncertainty index, the generalized conditional heterogeneous variance self-regression econometric method (GARCH-M) is used to estimate the parameters and evaluate the effects of macroeconomic variables on Non-oil exports GMM econometric technique was used using EVIEWS econometric software.

This study showed that non-oil exports in the Iranian economy is a key variable because its prosperity is a sign of the existence and continuity of competitiveness of the country’s economy, but the performance of non-oil exports in industries such as pharmacy and its trend in Iran has not been favorable.

Based on the results, non-oil exports are a key variable in Iran’s economy because its prosperity is a sign of the existence and continuity of the country’s economy and the government itself for continuous growth. And it is the competitiveness of the economy and the performance of non-oil exports and its trend in Iran has not been favorable. Although the massive import of goods and services into the country over the past years has been continuously financed through revenues from oil exports, the slowness of non-oil exports is hampering both productivity growth and meeting foreign exchange needs in the future.