Journal ArticleDOI
Industry trade and exchange-rate fluctuations: Evidence from the U.S. and Chile
TLDR
This article examined the United States' trade balance with Chile, both at the aggregate level and for 49 individual industries, and found that most effects concentrated among certain manufactures, with agricultural products and raw materials responding less to currency movements than do other commodities.About:
This article is published in International Review of Economics & Finance.The article was published on 2014-01-01. It has received 5 citations till now. The article focuses on the topics: Depreciation & Exchange rate.read more
Citations
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Journal ArticleDOI
Real exchange rate misalignment and economic growth in Malaysia
TL;DR: In this paper, the authors examined real exchange rate misalignment and economic growth in Malaysia using the autoregressive distributed lag (ARDL) approach and the generalized forecast error variance decomposition.
Journal ArticleDOI
The role of savings rate in exchange rate and trade imbalance nexus: Cross-countries evidence
Yi-Bin Chiu,Chia-Hung Sun +1 more
TL;DR: The authors examined the relationship between trade balance, savings rate, and real exchange rate in 76 countries for the period 1975-2010 and found that countries with a savings rate above the threshold of 14.8% can improve their trade balance by increasing the savings rate or depreciating their currency.
Journal ArticleDOI
Asymmetric effects of exchange rate changes on the Malaysia-EU trade: evidence from industry data
TL;DR: In this article, the authors examined the effect of exchange rate changes on trade balance in Malaysia-EU bilateral trade and found that the nonlinear model and asymmetry cointegration provided more support for the J-curve phenomenon.
Journal ArticleDOI
Trade Balance, Savings Rate, and Real Exchange Rate: Evidence from China and Its Trading Partners
Yi-Bin Chiu,Rushuang Ren +1 more
TL;DR: In this paper, the authors apply the two-step differenced generalized method of moments technique to explore the linear and nonlinear relationships among trade balance and savings rate for trade balance.
Book ChapterDOI
The Validity of J-Curve: India Versus BRICS Countries: A Panel Cointegration Approach
TL;DR: In this paper, the strength of the J-curve of India with BRICS countries from 2011m1 to 2017m6 was studied and it was shown that the effect of devaluing Indian currency, i.e., Indian Rupee, differs across countries under study.
References
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Journal ArticleDOI
Bounds testing approaches to the analysis of level relationships
TL;DR: In this paper, the authors developed a new approach to the problem of testing the existence of a level relationship between a dependent variable and a set of regressors, when it is not known with certainty whether the underlying regressors are trend- or first-difference stationary.
Journal ArticleDOI
The saving and investment nexus for China : evidence from cointegration tests
TL;DR: In this paper, the authors revisited the saving and investment nexus as postulated by Feldstein and Horioka (1980) and found that the saving investment correlation for China is estimated over the periods 1952-1998 and 1952-1994, the latter culminating in a fixed exchange rate regime.
Journal ArticleDOI
Error‐correction Mechanism Tests for Cointegration in a Single‐equation Framework
TL;DR: In this article, an error-correction mechanism (ECM) test is proposed for cointegration in a single-equation framework where the regressors are weakly exogenous for the parameters of interest.
Journal ArticleDOI
Is there a J-curve?
Andrew K. Rose,Janet L. Yellen +1 more
TL;DR: In this paper, the authors investigated whether a stable J-curve can be detected in the last twenty-five years of American data and found no statistically reliable evidence of such a pattern.
Journal ArticleDOI
The J-Curve: a literature review
TL;DR: A review of J-curve related empirical papers can be found in this article, where a large number of studies have attempted to test the phenomenon using different techniques and different model specifications, and the results are at best ambiguous and deserve to be collected together for the future generation of researchers and graduate students.