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Abstract The automotive industry is one of the South African industries that contribute to the manufacturing output and exports and plays important to the country’s economic performance. However, the export volume from this industry depends on various economic factors that include foreign direct investment, domestic investment and exchange rate volatility. The current study aims to determine empirically these three variables on the export volume in the South African automotive industry. To achieve this objective, the authors applied the autoregressive distributed lag (ARDL) model, ECM and causality test on quarterly time series data from 2008 to 2021. The study findings reveal that in the long run, domestic investment has a dominant positive effect on exports from the automotive industry. However, while both domestic investment and exchange rate are inversely related to the export in the short run, foreign direct investment is positively significant to increase export levels. The study recommends, based on these findings, the implementation of strategies that enhance growth in domestic investment and cautious management of foreign direct investment as the latter is more effective in the short run. Additionally, the monetary policymakers should, in each policy introduced and implemented, aim for the stability of the domestic currency and its effect on exports, especially in the automotive industry.  Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-05-14 How to Cite Habanabakize, T., & Dickason-Koekemoer, Z. (2023). Investment, Exchange Rate and Exports Nexus within the South African Automotive Industry. International Journal of Economics and Financial Issues, 13(3), 178–184. https://doi.org/10.32479/ijefi.14427 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles Most read articles by the same author(s) Evodia Mankuroane, Wilme van Heerden, Sune Ferreira-Schenk, Zandri Dickason-Koekemoer, Psychological and Behavioural Drivers of Short-Term Investment Intentions , International Journal of Economics and Financial Issues: Vol. 12 No. 4 (2022) Sune Ferreira-Schenk, Zandri Dickason-Koekemoer, Naveed Hussain Shah, Factors Influencing Individuals' Short-term Investment Intentions , International Journal of Economics and Financial Issues: Vol. 11 No. 4 (2021) Thomas Habanabakize, Zandri Dickason-Koekemoer, Production and Sales Risks in the Manufacturing Sector: The Role of Electricity Supply, Inflation and Fuel Price Volatility , International Journal of Economics and Financial Issues: Vol. 11 No. 6 (2021) Anzel van den Bergh-Lindeque, Sune Ferreira-Schenk, Zandri Dickason-Koekemoer, Individual Investor Risk Tolerance from a Behavioural Finance Perspective in Gauteng, South Africa , International Journal of Economics and Financial Issues: Vol. 11 No. 4 (2021) Sune Ferreira-Schenk, Zandri Dickason-Koekemoer, Analysing the Factors Affecting the Long-term Investment Intention of Investors , International Journal of Economics and Financial Issues: Vol. 13 No. 1 (2023) L.J. Basson, Sune Ferreira-Schenk , Zandri Dickason-Koekemoer, Fractal Dimension Option Hedging Strategy Implementation During Turbulent Market Conditions in Developing and Developed Countries , International Journal of Economics and Financial Issues: Vol. 12 No. 2 (2022) Kazeem Abimbola Sanusi, Zandri Dickason-Koekemoer, Cryptocurrency Returns, Cybercrime and Stock Market Volatility: GAS and Regime Switching Approaches , International Journal of Economics and Financial Issues: Vol. 12 No. 6 (2022) Zandri Dickason-Koekemoer, Sune Ferreira-Schenk, Constructing a Model for Domain-specific Risk-taking, Life Satisfaction and Risk Tolerance of Investors , International Journal of Economics and Financial Issues: Vol. 12 No. 4 (2022) Thomas Habanabakize, Zandri Dickason-Koekemoer, Country Risk Effects and Government Domestic Debt Nexus in South Africa , International Journal of Economics and Financial Issues: Vol. 13 No. 1 (2023) Thomas Habanabakize , Zandri Dickason-Koekemoer, The Responsiveness of Liquid Fuel Price towards COVID-19 and Exchange Rate Fluctuations , International Journal of Economics and Financial Issues: Vol. 12 No. 6 (2022) Make a Submission Make a Submission Dergi Kapağı

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