Introduction of new econometric methods raises interest in assessing the old theories and the J-curve phenomenon is no exception. Like previous research we first use the linear ARDL approach of Pesaran et al. (2001) to investigate the phenomenon between Korea and each of her 14 trading partners. We then employ recent nonlinear ARDL approach of Shin et al. (2014) to show that in most cases, exchange rate changes have short-run and long-run asymmetric effects on the bilateral trade balances. Separating depreciations from appreciations which is the main feature of the nonlinear model relies upon nonlinear adjustment of the exchange rate and provides relatively more support for the J-curve effect
Using an error correction version of an autoregressive distributed lag model, we investigate the dyn...
This research presents first empirical time series evidence of the asymmetric impact of exchange rat...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
Introduction of new econometric methods raises interest in assessing the old theories and the J-curv...
Introduction of new econometric methods raises interest in assessing the old theories and the J-curv...
Separating currency appreciations from depreciations and using nonlinear models in recent literature...
One previous research examined the short-run and the long-run effects of exchange rate changes on th...
Previous research that assessed the impact of exchange rate changes on the trade balance between the...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
This research presents first empirical time series evidence of the asymmetric impact of exchange rat...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
In testing for the J-curve, previous studies have shown that the trade balance model is better fitte...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
Using an error correction version of an autoregressive distributed lag model, we investigate the dyn...
This research presents first empirical time series evidence of the asymmetric impact of exchange rat...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
Introduction of new econometric methods raises interest in assessing the old theories and the J-curv...
Introduction of new econometric methods raises interest in assessing the old theories and the J-curv...
Separating currency appreciations from depreciations and using nonlinear models in recent literature...
One previous research examined the short-run and the long-run effects of exchange rate changes on th...
Previous research that assessed the impact of exchange rate changes on the trade balance between the...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
This research presents first empirical time series evidence of the asymmetric impact of exchange rat...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
In testing for the J-curve, previous studies have shown that the trade balance model is better fitte...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
Using an error correction version of an autoregressive distributed lag model, we investigate the dyn...
This research presents first empirical time series evidence of the asymmetric impact of exchange rat...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...