[Download] Tải Asymmetric impact of exchange rate on trade balance: How do country characteristics imply? – Tải về File Word, PDF

Asymmetric impact of exchange rate on trade balance: How do country characteristics imply?

Asymmetric impact of exchange rate on trade balance: How do country characteristics imply?
Nội dung Text: Asymmetric impact of exchange rate on trade balance: How do country characteristics imply?

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The study investigates the asymmetric impact of the exchange rate on aggregate trade balance of 45 countries taking account of country characteristics, including development, exchange rate system, openness, and export diversification. Employing non-linear autoregressive distributed lag (ARDL) methodology; the study comes to several findings. First, the exchange rate does have an asymmetric impact on aggregate trade balance across countries in both the short and long-run.

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Asymmetric impact of exchange rate on trade balance: How do country characteristics imply?

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Nội dung Text: Asymmetric impact of exchange rate on trade balance: How do country characteristics imply?

Download tài liệu Asymmetric impact of exchange rate on trade balance: How do country characteristics imply? File Word, PDF về máy