...
首页> 外文期刊>The Manchester school >Estimating a bilateral J-curve between the UK and the Euro area: An asymmetric analysis
【24h】

Estimating a bilateral J-curve between the UK and the Euro area: An asymmetric analysis

机译:估计英国和欧元区之间的双边J曲线:不对称分析

获取原文
获取原文并翻译 | 示例
           

摘要

The J-curve outlines the path of movement in the trade balance after a currency is devalued or depreciated, deteriorating in the short run but improving in the long run. One study in this journal investigated the concept between the UK and each of its 10 large partners from the EU. The study found support for the J-curve effect in the UK trade balance with Belgium, Germany, France, Italy and Netherlands. However, the findings were based on sign misinterpretation. If correctly interpreted, the findings actually support the inverse J-curve, i.e., long-run deterioration in the bilateral trade balances. The results were based on using the linear ARDL approach. We revisit the issue and use the Nonlinear ARDL approach. We find support for the asymmetric J-curve effect in the bilateral trade balance between the UK and France, Greece, Portugal and Spain and an asymmetric inverse J-curve in the case of Finland.
机译:J-Curive概述了货币贬值或折旧后贸易平衡的运动路径,短期内劣化,但长期以来改善。 本期刊的一项研究调查了英国与欧盟的10个大型合作伙伴之间的概念。 该研究发现,与比利时,德国,法国,意大利和荷兰的英国贸易平衡中的J-曲线效应支持。 然而,调查结果基于迹象误解。 如果正确解释,发现实际上支持了双边贸易余额的逆j曲线,即长期恶化。 结果基于使用线性ARDL方法。 我们重新审视问题并使用非线性ARDL方法。 我们发现在英国和法国,希腊,葡萄牙和西班牙之间的双边贸易平衡中的不对称J曲线效应以及在芬兰的情况下的不对称逆j曲线。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号