The Study of the Impact of Iran’s Exchange Rate Shock on Pistachio Export Prices of Major Pistachio Exporting Countries

Abstract

The purpose of the present research is to study the impact of Iran’s exchange rate shock on export prices of major pistachio exporting countries over the period 1984-2012. The selected countries for this study are China, Iran, Italy, Greece, Turkey, Syria, and the United States of America. For this purpose, the Global VAR (GVAR) method has been employed. The results suggest that in the long run, pistachio export prices of Syria and the US are the least affected by exchange rate volatility in Iran, while the export prices in Italy are the most affected.