Is there a J-curve effect in Tunisia’s bilateral trade with her partners? New evidence from asymmetry analysis
Yazarlar (4)
Mohsen Bahmani-Oskooee University Of Wisconsin-Milwaukee, Amerika Birleşik Devletleri
Thouraya Hadj Amor Faculté Des Sciences Economiques Et De Gestion De Mahdia, Tunus
Hanafiah Harvey
Penn State Mont Alto, Amerika Birleşik Devletleri
Prof. Dr. Hüseyin KARAMELİKLİ Karabük Üniversitesi, Türkiye
Makale Türü Açık Erişim Özgün Makale (SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale)
Dergi Adı Economic Change and Restructuring (Q2)
Dergi ISSN 1573-9414 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SSCI
Makale Dili İngilizce Basım Tarihi 02-2019
Kabul Tarihi 10-07-2017 Yayınlanma Tarihi 12-08-2017
Cilt / Sayı / Sayfa 52 / 1 / 1–18 DOI 10.1007/s10644-017-9216-3
Makale Linki http://link.springer.com/10.1007/s10644-017-9216-3
UAK Araştırma Alanları
Uluslararası Ticaret
Özet
Recently a new direction on the relation between the exchange rate and the trade balance has emerged where the emphasis is on application of asymmetry analysis and nonlinear models. Whereas, the linear models have failed to provide strong support for the J-curve effect, the nonlinear models have proved to be fruitful. We add to this later literature by estimating bilateral trade balance models of Tunisia with her six large partners. The results reveal that exchange rate changes do have short-run asymmetric effects in all six models, short-run adjustment asymmetric effects in three models, and significant long-run asymmetric effects in three models.
Anahtar Kelimeler
Asymmetry effects | J-curve | Non-linear ARDL approach | Six partners | Tunisia