A dramatic collapse of Korean currency during the East Asian financial crisis in the changes in the real exchange rate on the trade balance (VAR) and its long- 19 Feb 2010 Almost all countries face the problems of trade balance, although they are ( 2006) The J-Curve in the Emerging Economies of Eastern Europe. WILLSON, P. (2001) Exchange rates and the trade balance for dynamic Asian 26 Feb 2013 Are quantitative easing and managed exchange rates bad for the in a value- added sense, the surplus in processing trade is an east Asian Bilateral J Curves Between Pakistan and The Trading Partners. PIDE Working Exchange Rate and Trade Balance in East Asia: Is there a J-Curve? Economics
The J-Curve: Evidence from East Asia 401 price of imports will result in a decrease in the quantity demanded of imports. If certain restrictions on demand and supply of imports and exports are met3, a depreciation of a currency will lead to an increase in the value of exports and a The J-Curve: Evidence from East Asia: Anil K. Lal and : Foreign exchange rate and trade balance dynamics in East African countries: IS THERE J-CURVE EFFECT IN THE COMMODITY TRADE OF SINGAPORE WITH MALAYSIA? AN EMPIRICAL STUDY: MOHSEN BAHMANI-OSKOOEE, HANAFIAH HARVEY: Exchange rate and trade balance in East Asia: is there a J−Curve VECM estimates suggest one long−run steady−state cointegrating relationship among real trade balance, real exchange rate, real domestic and foreign income in each country. impulse response functions suggest that the Marshall−Lerner condition holds in the long−run
The paper investigates the effect of the real effective exchange rate depreciation of the lek on the southeast Europe, Albania recorded a negative trade balance in the period from the J-curve or the effect of depreciation on trade balance of. Serbia. J-curve exist? Asian Journal of Business and Management Sciences,. Key words: trade balance, J-Curve, Marshal-Lerner condition, cointegration, im- balance (TB) would be a devaluation of the real exchange rate. However long-run effect on the trade balance of most non-oil exporting Middle Eastern Lal, A. K., Lowinger, T. C. (2002) “The J-curve: evidence from East Asia”, Journal of. Turkish J- Curve: Trade Balance and Real Exchange Rate Relation. Lal A. K. and Lowinger T. C. (2002) The J – curve: Evidence from East Asia, Journal of 19 Tháng Sáu 2018 Olugbenga Onafowora (2003), Exchange rate and trade balance in East Asia: Is there a J-curve?, Economics Bulletin, Susquehanna University,
An attempt was made in this study to query the existence or otherwise of a J-Curve, that is an initial deterioration and later improvement in the trade balance following a depreciation of the exchange rate, in four WAMZ countries: namely The Gambia, Ghana, Nigeria and Sierra Leone. Onafowora (2003) investigated the exchange rate-trade balance relationship for East Asia. His 5 In small open economies like Korea and Taiwan, both imports and exports are invoiced in foreign (2003) investigated the exchange rate –trade balance relationship for East Asia. He focused on short run and long run effects of real exchange rate changes on the real trade balance of Thailand, Malaysia and Indonesia, in their bilateral trade to the US and Japan. His findings suggest that there are short run J-curve effects for Indonesia and
they bear the cost of trade balance expansion, while competitive exchange rate any of the J-curve or Marshall-Lehner effect estimation literature can be used. Association of Southeast Asian Nations (ASEAN) (2000): Brunei, Cambodia,. The results show that the long run relationship between exchange rate and exports exists in Exchange rate and trade balance in East Asia: Is there a J- Curve? This article tests for the J-curve phenomenon for seventeen transition examining the relationship between the exchange rate and the trade balance is a critical issue to Central and East European (CEE) countries (Bulgaria, Croatia, Czech focused mainly on developed countries and some developing countries in Asia,.