Bilateral J-Curve between Poland and its Major Trading Partners

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F12%3A%230001871" target="_blank" >RIV/47813059:19520/12:#0001871 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Bilateral J-Curve between Poland and its Major Trading Partners
Original language description
This paper empirically investigates the impact of change in exchange rate in bilateral export and import flows between Poland and its major trading partners. Resulting in a J-curve pattern, devaluation or depreciation of a currency worsens the trade balance before improving it. This paper investigates J-curve phenomenon using quarterly time series data over the period 1997:1 to 2011:4. In case of examination of long run relationship between variables is used cointegration procedure. Between trade balance ratio, bilateral exchange rate, gross domestic product of Poland and gross domestic product of each respective country was revealed long run relationship. Short term effects are explored by estimating error correction model and related impulse-responsefunction. Depreciation of złoty is accompanied by deterioration of Polish trade balance with France and Italy. Partial J-curve effect can be observed in case of Polish trading flows with Germany and Czech Republic.
Czech name
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Czech description
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Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of European Scientific Conference of Doctoral Students
ISBN
978-80-7375-669-7
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
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Publisher name
MU PEF
Place of publication
Brno
Event location
Brno
Event date
Jan 1, 2012
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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