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The Effect of Exchange Rate Changes on Trade Balances in the Short and Long Run: Evidence from German Trade with Transitional Central European Economies
Jönköping University, Jönköping International Business School, JIBS, Economics.
2004 (English)In: The Economics of Transition, ISSN 0967-0750, E-ISSN 1468-0351, Vol. 12, no 4, p. 777-799Article in journal (Refereed) Published
Abstract [en]

Using generalized impulse response functions, this study tests for the trade J-curve for three transitional central European countries – the Czech Republic, Hungary, and Poland – in their bilateral trade with respect to Germany. Our findings suggest that for each country there are some characteristics associated with a J-curve effect: after a (real or nominal) depreciation the export-to-import ratio briefly drops to below its initial value within a few months and then rises to a long run equilibrium value higher than the initial one.

Place, publisher, year, edition, pages
2004. Vol. 12, no 4, p. 777-799
National Category
Economics
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URN: urn:nbn:se:hj:diva-2547DOI: doi:10.1111/j.0967-0750.2004.00202.xOAI: oai:DiVA.org:hj-2547DiVA, id: diva2:33367
Available from: 2007-06-14 Created: 2007-06-14 Last updated: 2017-12-12Bibliographically approved

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Publisher's full texthttp://www.blackwell-synergy.com/action/showPdf?submitPDF=Full+Text+PDF+%28277+KB%29&doi=10.1111%2Fj.0967-0750.2004.00202.x

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Hacker, R Scott

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