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Asymmetry Effects of Exchange Rate Changes on Domestic Production: Evidence from Nonlinear ARDL Approach

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  • Mohsen Bahmani-Oskooee
  • Amirhossein Mohammadian

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  • Mohsen Bahmani-Oskooee & Amirhossein Mohammadian, 2016. "Asymmetry Effects of Exchange Rate Changes on Domestic Production: Evidence from Nonlinear ARDL Approach," Australian Economic Papers, Wiley Blackwell, vol. 55(3), pages 181-191, September.
    • Handle: RePEc:bla:ausecp:v:55:y:2016:i:3:p:181-191
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    2. Roberto Dell'Anno & Ferda Halicioglu, 2010. "An ARDL model of unrecorded and recorded economies in Turkey," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 37(6), pages 627-646, November.
    3. M Bahmani-Oskooee & I Miteza, 2003. "Are Devaluations Expansionary or Contractionary? A survey article," Economic Issues Journal Articles, Economic Issues, vol. 8(2), pages 1-28, September.
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    11. Apergis, Nicholas & Miller, Stephen M., 2006. "Consumption asymmetry and the stock market: Empirical evidence," Economics Letters, Elsevier, vol. 93(3), pages 337-342, December.
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    13. Jeffrey Frankel, 2005. "Contractionary Currency Crashes In Developing Countries," CID Working Papers 117, Center for International Development at Harvard University.
    14. Bahmani-Oskooee, Mohsen & Tankui, Altin, 2008. "The black market exchange rate vs. the official rate in testing PPP: Which rate fosters the adjustment process?," Economics Letters, Elsevier, vol. 99(1), pages 40-43, April.
    15. Florian Verheyen, 2013. "Interest rate pass-through in the EMU – new evidence using the nonlinear ARDL framework," Economics Bulletin, AccessEcon, vol. 33(1), pages 729-739.
    16. Mohsen Bahmani-Oskooee & Magda Kandil, 2009. "Are devaluations contractionary in MENA countries?," Applied Economics, Taylor & Francis Journals, vol. 41(2), pages 139-150.
    17. Sidney S. Alexander, 1952. "Effects of a Devaluation on a Trade Balance," IMF Staff Papers, Palgrave Macmillan, vol. 2(2), pages 263-278, April.
    18. Ferda Halicioglu, 2007. "The J‐curve dynamics of Turkish bilateral trade: a cointegration approach," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 34(2), pages 103-119, May.
    19. Mohsen Bahmani-Oskooee & Hadise Fariditavana, 2015. "Nonlinear ARDL approach, asymmetric effects and the J-curve," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 42(3), pages 519-530, August.
    20. Yang, Jun & Zhang, Wei & Tokgoz, Simla, 2013. "Macroeconomic impacts of Chinese currency appreciation on China and the Rest of World: A global CGE analysis," Journal of Policy Modeling, Elsevier, vol. 35(6), pages 1029-1042.
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    Cited by:

    1. Conterius, Simeon & Akimov, Alexandr & Su, Jen-Je & Roca, Eduardo, 2023. "Do foreign investors have a positive impact on the domestic government bonds market? A panel pooled mean group approach," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 863-875.
    2. Abbasi, Kashif Raza & Hussain, Khadim & Radulescu, Magdalena & Ozturk, Ilhan, 2022. "Asymmetric impact of renewable and non-renewable energy on the industrial sector in Pakistan: Fresh evidence from Bayesian and non-linear ARDL," Renewable Energy, Elsevier, vol. 187(C), pages 944-957.
    3. M Bahmani-Oskooee & A Mohammadian, 2018. "On the Relation between Domestic Output and Exchange Rates in 68 Countries: An Asymmetry Analysis," Economic Issues Journal Articles, Economic Issues, vol. 23(2), pages 1-29, September.
    4. Yu Hsing, 2020. "Impacts of Real Depreciation and Appreciation on Aggregate Output in Taiwan," The American Economist, Sage Publications, vol. 65(1), pages 123-130, March.
    5. Mohsen Bahmani‐Oskooee & Jungho Baek, 2021. "On the asymmetric effects of exchange‐rate volatility on trade flows: Evidence from Korea‐U.S. commodity trade," Australian Economic Papers, Wiley Blackwell, vol. 60(4), pages 594-629, December.
    6. Javed Iqbal & Sitara Jabeen & Misbah Nosheen & Mark Wohar, 2024. "The Asymmetric Effects of Exchange Rate Volatility on Pakistan–Japan Commodity Trade: Evidence from Non-linear ARDL Approach," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 31(3), pages 657-732, September.
    7. Suleman Sarwar & Rida Waheed & Ghazala Aziz & Simona Andreea Apostu, 2022. "The Nexus of Energy, Green Economy, Blue Economy, and Carbon Neutrality Targets," Energies, MDPI, vol. 15(18), pages 1-19, September.
    8. Camara Kwasi Obeng, 2018. "Is the effect of exchange rate volatility on export diversification symmetric or asymmetric? Evidence from Ghana," Cogent Economics & Finance, Taylor & Francis Journals, vol. 6(1), pages 1460027-146, January.
    9. Emmanuel Uche & Sunday Ikedinobi Nwamiri, 2022. "Dynamic Effects of Exchange Rate Movements on Productivity Levels: New Evidence From Nigeria Based on NARDL," Journal of Development Policy and Practice, , vol. 7(1), pages 96-111, January.
    10. Md. Qamruzzaman (a) and Wei Jianguo (b), 2020. "Nexus between Remittance and Household Consumption: Fresh Evidence from Symmetric or Asymmetric Investigation," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(3), pages 1-27, September.
    11. Takashi Matsuki & Ming-Jen Chang, 2016. "Out-of-Sample Exchange Rate Forecasting and Macroeconomic Fundamentals: The Case of Japan," Australian Economic Papers, Wiley Blackwell, vol. 55(4), pages 409-433, December.
    12. Md. Qamruzzaman & Wei Jianguo, 2018. "Nexus between financial innovation and economic growth in South Asia: evidence from ARDL and nonlinear ARDL approaches," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-19, December.
    13. Mohsen Bahmani‐Oskooee & Majid Maki Nayeri, 2018. "Policy Uncertainty and the Demand for Money in Australia: an Asymmetry Analysis," Australian Economic Papers, Wiley Blackwell, vol. 57(4), pages 456-469, December.
    14. Javed Iqbal & Sabahat Aziz & Misbah Nosheen, 2022. "The asymmetric effects of exchange rate volatility on US–Pakistan trade flows: new evidence from nonlinear ARDL approach," Economic Change and Restructuring, Springer, vol. 55(1), pages 225-255, February.
    15. Yutaka Kurihara, 2017. "Are Unconventional Monetary Policy and Large Scale Fiscal Policy Effective?: The Case of Japan," Applied Finance and Accounting, Redfame publishing, vol. 3(2), pages 42-48, August.
    16. Rida Waheed, 2022. "The Significance of Energy Factors, Green Economic Indicators, Blue Economic Aspects towards Carbon Intensity: A Study of Saudi Vision 2030," Sustainability, MDPI, vol. 14(11), pages 1-22, June.
    17. Sharaf, Mesbah Fathy & Shahen, Abdelhalem Mahmoud, 2023. "Asymmetric impact of real effective exchange rate changes on domestic output revisited: evidence from Egypt," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7(1), pages 2-15.
    18. Abdullahi Osman Ali, 2021. "Modelling Exchange Rate Volatility of Somali Shilling Against US Dollar by Utilizing GARCH Models," International Journal of Economics and Financial Issues, Econjournals, vol. 11(2), pages 35-39.
    19. Mohsen Bahmani-Oskooee & Augustine C. Arize, 2020. "Asymmetric response of domestic production to exchange rate changes: evidence from Africa," Economic Change and Restructuring, Springer, vol. 53(1), pages 1-24, February.
    20. Misbah Nosheen & Beenish Chohan & Javed Iqbal & Mark Wohar, 2023. "Asymmetric response of domestic production to exchange rate changes: Evidence from southeast Asian countries," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 37(2), pages 54-75, November.

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