The S-Curve in Emerging Markets
Mohsen Bahmani-Oskooee,
Ali Kutan and
Artatrana Ratha ()
Comparative Economic Studies, 2008, vol. 50, issue 2, 351 pages
Abstract:
The cross-correlation function between terms of trade and trade balance has been found to resemble a pattern that is labelled the S-curve. Support for this pattern has been provided for developed and less developed countries by previous research. This paper investigates the S-curve for 10 emerging economies and provides further support for the S-curve using monthly trade data since these countries initiated market reforms. Comparative Economic Studies (2008) 50, 341–351. doi:10.1057/palgrave.ces.8100236
Date: 2008
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