Real exchange rate uncertainty hinders import of agricultural goods in Iran.
The article studied how uncertainty in real exchange rates affects the import of agricultural goods in Iran from 1991 to 2012. They found that when real exchange rates are uncertain, it leads to a decrease in the import of agricultural goods. By using a model called EGARCH, they calculated the level of uncertainty in exchange rates and showed that this uncertainty has a negative impact on the import of agricultural goods. The results also revealed that the demand for importing these goods is influenced positively by the real national income.