[PDF] Top 20 The Real Exchange Rate, the Ghanaian Trade Balance, and the J curve

... the exchange rate–trade balance relationship using both linear and nonlinear ARDL specifications by focusing on ...the real exchange rate–trade balance ... See full document

... the real exchange rate is denominated in terms of units of VND per USD, an increase in the real exchange rate means real depreciation of the domestic ...that real ... See full document

... between real effective exchange rate and the trade balance in nine Asian ...a J-curve for the Dominican Republic, Costa Rica, El Salvador, Guatemala and ...a ... See full document

... to trade balance. One of these tools is manipulation of the exchange rate to acquire the improvement in trade ...the trade balance deteriorates after depreciation and then ... See full document

... the J-curve phenomenon can be examined through the application of the impulse- response ...of trade balance to 1 standard deviation shock to real exchange rate which shows ... See full document

... of exchange rate risk is omnipresent in international ...for exchange rates to move so quickly and by substantial amounts has been accused of restraining the gains from international trade and ... See full document

... of real exchange rate on balance of trade in ...the trade balance model is capable of adjusting back to its long-run equilibrium path after short-run ...Nigeria’s ... See full document

... the exchange rate depreciation improves the trade balance, generally over time, ...the J-curve ...the real exchange rate depreciation improves trade ... See full document

... between exchange rate and trade balance that depreciation in the exchange rate would affect trade ...the trade balance reacts differently in short run and ... See full document

... The balance of trade appears to increase contemporaneously with a 1% depreciation shock but the response is ...a J-curve but depreciation raises the balance of ...The balance of ... See full document

... the J-Curve ...its trade balance still deteriorated in 1972. He postulated that trade balance deteriorates initially due to some adjustment lags but after some time, it begins to ... See full document

... the real effective exchange rate will of the trade improve the trade ...the J-curve hypothesis suggests that the partial derivative of the trade ratio with respect ... See full document

... casting real exchange ...the Ghanaian cur- rency: cedi against the foreign currencies since the country is import dependent, as such there must be a national agenda to increase foreign inflows and ... See full document

... foreign trade equations over the period of time 1957-1971 (Bretton Forest era) while places applied the particular fixed change rate ...currency exchange under a new adaptable swap charge system) by ... See full document

... foreign exchange market to make the exchange rate more ...flexible exchange rate regime would also help improve the country's relatively- low foreign exchange ...the ... See full document

... in real devaluation, the trade balance would worsen in two first ...the trade balance starts improving to get the peak in the 6th ...the trade balance obtains surplus but ... See full document

... Improving trade balance leads to a robust economic growth in many ...a trade deficit there could be severe negative consequences that can affect economic growth and ...persistent trade deficit ... See full document

... between exchange rates and trade balance such as the Engle-Granger (1987), two-step cointegration analysis and Johansen Juselius (1999), to examine the long run relationship between exchange ... See full document

... flexible exchange rate provides greater room to maneuver (autonomy of the monetary ...the real exchange rate (real anchor) and to avoid ...the exchange rates. At least, a ... See full document

... of exchange rate deviations from its long-run equilibrium following a shock is approximately ...equilibrium exchange rate are automatically manipulated by market conditions to ensure that ... See full document