Is There a J-Curve Effect in the Korean Service Trade?

被引：0

作者：

Bahmani-Oskooee, Mohsen ^{[1
]}

Baek, Jungho ^{[2
]}

机构：

[1] Univ Wisconsin Milwaukee, Dept Econ, Milwaukee, WI USA

[2] Univ Alaska Fairbanks, Coll Business & Secur Management, Dept Econ, Fairbanks, AK USA

来源：

INTERNATIONAL TRADE JOURNAL | 2024年

关键词：

10 service industries; asymmetric J-curve; asymmetry cointegration; Korea; EXCHANGE-RATE CHANGES; BALANCE EVIDENCE; BILATERAL TRADE; COINTEGRATION; MALAYSIA; CHINA;

D O I：

10.1080/08853908.2024.2379350

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this article, we test the asymmetric J-curve hypothesis using data from 10 Korean service industries. When we tested for a symmetric J-curve using the linear autoregressive distributed lag (ARDL) approach, we found support for the J-curve in one industry and the inverse J-curve in two industries. However, when we tested the asymmetric J-curve using the nonlinear ARDL approach, we found support for the asymmetric J-curve in four industries and the asymmetric inverse J-curve in four more industries. The increase from three to eight cases is attributed to the nonlinear adjustment of the real effective exchange rate of the won.

引用

页数：13

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