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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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 |
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| Keyword: | Real Exchange-Rate, J-Curve, Rates, Co-Integration, Countries US |
| Subjects: | H Social Sciences > HG Finance > HG1-9999 Finance > HG3810-4000 Foreign exchange. International finance. International monetary system H Social Sciences > HF Commerce > HF1-6182 Commerce > HF1014 Balance of trade |
| Department: | SCHOOL > School of Business and Economics |
| Depositing User: | ADMIN ADMIN |
| Date Deposited: | 11 Aug 2011 09:19 |
| Last Modified: | 19 Oct 2017 11:55 |
| URI: | https://eprints.ums.edu.my/id/eprint/1452 |
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