THE BILATERAL J‐CURVE: AUSTRALIA VERSUS HER 23 TRADING PARTNERS
Gour Goswami () and
Bidyut Talukdar ()
Authors registered in the RePEc Author Service: Mohsen Bahmani-Oskooee ()
Australian Economic Papers, 2005, vol. 44, issue 2, 110-120
Several studies have tested the J‐curve phenomenon for Australia using non‐stationary aggregate trade data and have provided mixed results. They not only suffer from the ‘aggregation bias problem’ but also from the ‘spurious regression problem’. To overcome these problems, in this paper we investigate the short‐run and the long‐run effects of real depreciation of the Australian dollar on the trade balance between Australia and each of her 23 trading partners using quarterly data over the 1973–2001 period and recent advances in cointegration analysis. The results from the bound testing approach for cointegration and error‐correction modeling does not provide much support for the J‐curve phenomenon.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecp:v:44:y:2005:i:2:p:110-120
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0004-900X
Access Statistics for this article
Australian Economic Papers is currently edited by Daniel Leonard
More articles in Australian Economic Papers from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().