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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

邮发代号 80-978

Frontiers of Economics in China  2019, Vol. 14 Issue (2): 220-263   https://doi.org/10.3868/s060-008-019-0012-1
  本期目录
Malaysia-Japan Commodity Trade and Asymmetric Effects of Exchange Rate Changes
Mohsen Bahmani-Oskooee1(), Muhammad Aftab2()
1. Center for Research on International Economics and Department of Economics, University of Wisconsin-Milwaukee, WI 53201, USA
2. Department of Management Sciences, COMSATS University Islamabad, Islamabad 45550, Pakistan
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Abstract

Asymmetry analysis is a new norm in applied research and the link between the trade balance and the exchange rate is no exception. In this paper we investigate the asymmetric response of the trade balance of each of the 60 industries that trade between Malaysia and Japan. We find short-run asymmetric effects of exchange rate changes on the trade balance of 50 industries (including the two largest industries), short-run adjustment asymmetry in 47 industries, and short-run impact asymmetry in 30 industries. However, short-run asymmetric effects lasted into the long run only in limited number of industries. Results are industry-specific at best.

Key wordsAuto Regressive Distributed Lag (ARDL)    asymmetry    60 industries    Malaysia    Japan    trade    exchange rate
出版日期: 2019-07-17
 引用本文:   
. [J]. Frontiers of Economics in China, 2019, 14(2): 220-263.
Mohsen Bahmani-Oskooee, Muhammad Aftab. Malaysia-Japan Commodity Trade and Asymmetric Effects of Exchange Rate Changes. Front. Econ. China, 2019, 14(2): 220-263.
 链接本文:  
https://academic.hep.com.cn/fec/CN/10.3868/s060-008-019-0012-1
https://academic.hep.com.cn/fec/CN/Y2019/V14/I2/220
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