Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data. These studies suffered from the “aggregation bias” problem. In order to overcome this constraint, this paper tests the effects of real exchange rate depreciation in the Pakistani Rupee on the bilateral trade balance between Pakistan and her 12 respective trade partners. These countries, together, account for almost half of Pakistan’s total trade. In order to differentiate between the long-run equilibrium and short-run disequilibrium dynamics, and also to deal with non-stationary data, the ARDL approach is used. The results do not provide any support for the standard J-curve phenomenon.J-Curve, Trade Balance, Marshall-Lerner Condition
Separating currency appreciations from depreciations and using nonlinear models in recent literature...
This paper assesses the behaviour of South Africa’s trade balance following a depreciation of the re...
The J-curve hypothesis suggests a specific pattern for the response of trade balance to real exchang...
In investigating the short run and the long run impact of currency depreciation on Pakistan’s trade ...
In estimating trade elasticities for Pakistan, most previous researchers have employed non-stationar...
This study uses quarterly data from 1980.1 to 2006.4 to explore the relationship between changes in ...
The present study attempts to investigate the J-curve phenomena at aggregate level as well as at com...
Previous studies that investigated the short-run (J-curve) and the long-run effects of currency depr...
Abstract This study is focused in analyzing the existence of J-curve phenomenon of Pakistan with Sau...
The J-curve of a trade balance is a phenomenon whereby a trade balance initially worsens following a...
Rate of exchange is a significant monetary variable that control balance of trade. J curve theory ex...
We examine the relationship between trade balance and net export with both, the official and real ef...
This study empirically analyses bilateral J-curve dynamics of Turkey with her thirteen trading partn...
This study aims to test the existence of J-curve phenomenon in Laos’s economy using quarterly data o...
As one of the most debated topics in international trade, the J-Curve theory has undergone several s...
Separating currency appreciations from depreciations and using nonlinear models in recent literature...
This paper assesses the behaviour of South Africa’s trade balance following a depreciation of the re...
The J-curve hypothesis suggests a specific pattern for the response of trade balance to real exchang...
In investigating the short run and the long run impact of currency depreciation on Pakistan’s trade ...
In estimating trade elasticities for Pakistan, most previous researchers have employed non-stationar...
This study uses quarterly data from 1980.1 to 2006.4 to explore the relationship between changes in ...
The present study attempts to investigate the J-curve phenomena at aggregate level as well as at com...
Previous studies that investigated the short-run (J-curve) and the long-run effects of currency depr...
Abstract This study is focused in analyzing the existence of J-curve phenomenon of Pakistan with Sau...
The J-curve of a trade balance is a phenomenon whereby a trade balance initially worsens following a...
Rate of exchange is a significant monetary variable that control balance of trade. J curve theory ex...
We examine the relationship between trade balance and net export with both, the official and real ef...
This study empirically analyses bilateral J-curve dynamics of Turkey with her thirteen trading partn...
This study aims to test the existence of J-curve phenomenon in Laos’s economy using quarterly data o...
As one of the most debated topics in international trade, the J-Curve theory has undergone several s...
Separating currency appreciations from depreciations and using nonlinear models in recent literature...
This paper assesses the behaviour of South Africa’s trade balance following a depreciation of the re...
The J-curve hypothesis suggests a specific pattern for the response of trade balance to real exchang...