IDEAS home Printed from https://ideas.repec.org/a/taf/uitjxx/v36y2022i4p324-349.html
   My bibliography  Save this article

The Asymmetric Effects of Exchange Rate Changes on Output: Evidence from Asian Countries

Author

Listed:
  • Salah A. Nusair

Abstract

This article examines the asymmetric effects of real exchange rate changes on the domestic output of selected Asian countries. To account for asymmetries, we separate currency appreciation from depreciation and utilize the nonlinear autoregressive distributed lag (NARDL) model. Employing annual data (1973 to 2018), we find evidence of short-run and long-run asymmetries in the effects of real exchange changes on the domestic output of all the countries. This means that currency appreciations have different effects from currency depreciations on the output of the countries. Overall, the results suggest that both currency appreciations and depreciations are contractionary in most cases.

Suggested Citation

  • Salah A. Nusair, 2022. "The Asymmetric Effects of Exchange Rate Changes on Output: Evidence from Asian Countries," The International Trade Journal, Taylor & Francis Journals, vol. 36(4), pages 324-349, July.
    • Handle: RePEc:taf:uitjxx:v:36:y:2022:i:4:p:324-349
    DOI: 10.1080/08853908.2021.1940392
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/08853908.2021.1940392
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/08853908.2021.1940392?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:uitjxx:v:36:y:2022:i:4:p:324-349. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/uitj20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.