U.S. – Italy commodity trade and the J-curve: new evidence from asymmetry analysis

Mohsen Bahmani-Oskooee and Ridha Nouira ()
Additional contact information
Ridha Nouira: EAS and FSEG Mahdia, Monastir University-Tunisia

International Economics and Economic Policy, 2021, vol. 18, issue 1, No 3, 73-103

Abstract: Abstract Previous studies that tried to assess the J-curve phenomenon for Italy employed linear models and found little support for the phenomenon. In this paper we employ nonlinear models and estimate asymmetric J-curve effects for each of the 58 industries that trade between Italy and the United States. From estimates of the linear and nonlinear models we found support for the J-curve effect in 12 industries. The largest industry with 11.7% trade share was subject to the J-curve effect from the nonlinear model. Estimates of the nonlinear models also supported short-run asymmetric effects in 48 industries but long run asymmetric effects in 29.

Keywords: J-curve; Industry data; The United States; Italy; Asymmetry analysis (search for similar items in EconPapers)
JEL-codes: F31 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://link.springer.com/10.1007/s10368-020-00472-4 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:iecepo:v:18:y:2021:i:1:d:10.1007_s10368-020-00472-4

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10368/PS2

DOI: 10.1007/s10368-020-00472-4

Access Statistics for this article

International Economics and Economic Policy is currently edited by Paul J.J. Welfens, Holger C. Wolf, Christian Pierdzioch and Christian Richter

More articles in International Economics and Economic Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().