Please use this identifier to cite or link to this item:
https://hdl.handle.net/20.500.14279/14705
Title: | Does a J-curve exist for Korea and Taiwan? | Authors: | Hsing, Han Min Savvides, Andreas |
metadata.dc.contributor.other: | Σαββίδης, Αντρέας | Major Field of Science: | Social Sciences | Field Category: | Economics and Business | Keywords: | J-curve;Korea;Taiwan;Trade balance | Issue Date: | Apr-1996 | Source: | Open Economies Review, 1996, vol. 7, no. 2, pp. 127-145 | Volume: | 7 | Issue: | 2 | Start page: | 127 | End page: | 145 | Journal: | Open Economies Review | Abstract: | This article examines whether the trade balance of two dynamic export-oriented economies, Korea and Taiwan, exhibits a J-curve effect. The article studies both their bilateral and aggregate trade balance during the flexible exchange-rate era. When the exchange-rate coefficients are unconstrained, we demonstrate that no J-curve effect exists either for bilateral or aggregate trade balances. Several robustness checks confirm the validity of our findings. When a polynomial-distributed lag structure is imposed on exchange-rate coefficients, a J-curve is evident in some cases. The article discusses possible explanations for the general lack of evidence in favor of a J-curve, including the response of a small country's trade balance to exchange-rate changes. | URI: | https://hdl.handle.net/20.500.14279/14705 | ISSN: | 09237992 | DOI: | 10.1007/BF01891900 | Rights: | © Springer Nature | Type: | Article | Affiliation : | National Ping Tung Institute of Commerce Oklahoma State University |
Publication Type: | Peer Reviewed |
Appears in Collections: | Άρθρα/Articles |
CORE Recommender
SCOPUSTM
Citations
30
checked on Mar 14, 2024
WEB OF SCIENCETM
Citations
15
Last Week
0
0
Last month
0
0
checked on Oct 29, 2023
Page view(s) 50
394
Last Week
1
1
Last month
4
4
checked on Aug 30, 2024
Google ScholarTM
Check
Altmetric
Items in KTISIS are protected by copyright, with all rights reserved, unless otherwise indicated.