Bilateral Trade Balances : Evidence from Malaysia

Wong, Hock Tsen (2011) Bilateral Trade Balances : Evidence from Malaysia. Asian Economic Journal, 25 (2). pp. 227-244. ISSN 1351-3958

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Official URL: http://dx.doi.org/10.1111/j.1467-8381.2011.02055.x

Abstract

This study examines the impacts of real exchange rates on the bilateral trade balances of Malaysia with the USA, Japan and Singapore. The results for the long-run co-integrating vectors show that depreciation or devaluation of real exchange rates will improve bilateral trade balances. In the short run, there is some evidence of the J-curve phenomenon. Changes in real money supply contribute greatly to changes in real exchange rates. Generally, changes in real exchange rates contribute significantly to changes in bilateral trade balances. Monetary policy can be used to influence bilateral trade balances.

Item Type:Article
Uncontrolled Keywords:Real Exchange-Rate, J-Curve, Rates, Co-Integration, Countries US
Subjects:?? HG3810-4000 ??
?? HF1014 ??
Divisions:SCHOOL > School of Business and Economics
ID Code:1452
Deposited By:IR Admin
Deposited On:11 Aug 2011 09:19
Last Modified:16 Feb 2015 12:21

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