Add to ORKGIntroduction 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
Since the Asian financial crisis in 1997, Korean international trade has gone up substantially in bo...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
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 ...
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 for the J-curve, previous studies have shown that the trade balance model is better fitte...
The J-curve of a trade balance is a phenomenon whereby a trade balance initially worsens following a...
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...
Since the Asian financial crisis in 1997, Korean international trade has gone up substantially in bo...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...
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 ...
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 for the J-curve, previous studies have shown that the trade balance model is better fitte...
The J-curve of a trade balance is a phenomenon whereby a trade balance initially worsens following a...
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...
Since the Asian financial crisis in 1997, Korean international trade has gone up substantially in bo...
In testing the effects of exchange rate changes on the trade balance, the emphasis has now shifted ...
Over the last four decades, numerous studies have employed the newest empirical methods to examine t...