This study uses quarterly data from 1980.1 to 2006.4 to explore the relationship between changes in real exchange rate and the trade balance indicators of Pakistan. Applying Auto Regressive Distributed Lag (ARDL) approach to cointegration we examine the existence of a possible long run relationship. We find the following: (a) a long run relationship between the series exists; and b) the coefficient of elasticity is negative and statistically significant which does not support for the J-relation. Given this, the policymakers should take conservative approach in using currency devaluation to cure the fundamental disequilibrium in the balance of payments. It is likely that such policy may not produce the desired outcome—i.e., the trade balance...
This paper presents the empirical evidence on purchasing power parity (PPP) for Pak-rupee vis-à-vis ...
We investigate the impact of an exchange rate depreciation on Pakistan’s trade balance, using data f...
Prior to 1976, business community of the world followed gold as a stable standard exchange rate for ...
The paper aims to find the long run and the short run relationships between trade balance, income, m...
This article is an attempt to examine the short and long-run relationship between the trade balance,...
Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data....
The study analyzed the Marshal Lerner Condition implementation in Pakistan from the year 1961 to 201...
In estimating trade elasticities for Pakistan, most previous researchers have employed non-stationar...
This paper aim to examine the relationship between financial development, trade balance, exchange ra...
Abstract This study is focused in analyzing the existence of J-curve phenomenon of Pakistan with Sau...
Exchange rate is an important factor to bring change in trade balance of any country. In this study ...
Previous studies that investigated the short-run (J-curve) and the long-run effects of currency depr...
The analysis of this study is to monitor the effect of currency depreciation on trade elasticity, us...
In this paper we investigate both the long and short run relationship between real money balances, r...
In investigating the short run and the long run impact of currency depreciation on Pakistan’s trade ...
This paper presents the empirical evidence on purchasing power parity (PPP) for Pak-rupee vis-à-vis ...
We investigate the impact of an exchange rate depreciation on Pakistan’s trade balance, using data f...
Prior to 1976, business community of the world followed gold as a stable standard exchange rate for ...
The paper aims to find the long run and the short run relationships between trade balance, income, m...
This article is an attempt to examine the short and long-run relationship between the trade balance,...
Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data....
The study analyzed the Marshal Lerner Condition implementation in Pakistan from the year 1961 to 201...
In estimating trade elasticities for Pakistan, most previous researchers have employed non-stationar...
This paper aim to examine the relationship between financial development, trade balance, exchange ra...
Abstract This study is focused in analyzing the existence of J-curve phenomenon of Pakistan with Sau...
Exchange rate is an important factor to bring change in trade balance of any country. In this study ...
Previous studies that investigated the short-run (J-curve) and the long-run effects of currency depr...
The analysis of this study is to monitor the effect of currency depreciation on trade elasticity, us...
In this paper we investigate both the long and short run relationship between real money balances, r...
In investigating the short run and the long run impact of currency depreciation on Pakistan’s trade ...
This paper presents the empirical evidence on purchasing power parity (PPP) for Pak-rupee vis-à-vis ...
We investigate the impact of an exchange rate depreciation on Pakistan’s trade balance, using data f...
Prior to 1976, business community of the world followed gold as a stable standard exchange rate for ...