Testing the Marshall-Lerner Condition and the J-curve Effect on U.S. –China Trade
Journal of Applied Business and Economics
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Title |
Testing the Marshall-Lerner Condition and the J-curve Effect on U.S. –China Trade
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Creator |
Adhikari, Deergha Raj
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Description |
We estimate a VECM regressing the ratio of U.S. export to U.S. import from china on U.S. real GDP,China’s real GDP, and RREX (dollar-yuan real exchange rate). The real exchange rate variable is found to be negative but insignificant, failing to satisfy the Marshall-Lerner condition and implying that the dollar’s depreciation will have no effect on the U.S. trade balance with China in the long run. The variables
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Publisher |
North American Business Press
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Date |
2018-12-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
https://articlegateway.com/index.php/JABE/article/view/207
10.33423/jabe.v20i8.207 |
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Source |
Journal of Applied Business and Economics; Vol 20 No 8 (2018)
1499-691X 10.33423/jabe.v20i8 |
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Language |
eng
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Relation |
https://articlegateway.com/index.php/JABE/article/view/207/177
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Rights |
Copyright (c) 2018 Journal of Applied Business and Economics
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