Taiwan's trade imbalance and exchange rate revisited
AbstractThis article applies the recently developed econometric method of autoregressive distributed lag (ARDL) model to re-examine the relationship between the exchange rate and bilateral trade imbalance for Taiwan and its several trading partners: China, Hong Kong, the US, Japan, South Korea and Malaysia. The implication of this issue is critical to policy makers, particularly after China and Taiwan joined the World Trade Organization (WTO) in late 2001 and early 2002, respectively. The empirical evidence shows a stable long-run relationship of bilateral trade balance and real exchange rate between Taiwan and its trading partners except Japan. Other findings indicate that except for the US, there is no specific pattern supporting the J-curve phenomenon for these trading partners.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 42 (2010)
Issue (Month): 7 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RAEC20
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.