Estimation of the J-Curve Effect in Bilateral Trade of Poland
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F13%3A%230002293" target="_blank" >RIV/47813059:19520/13:#0002293 - isvavai.cz</a>
Výsledek na webu
<a href="http://wydawnictwo.zut.edu.pl/wydawnictwo/czasopisma/czasopisma-naukowe/folia-pomeranae-universitatis-technologiae-stetinensis-fputs/oeconomica-issn-2081-0644-e-issn-2300-5386/305-73-2013.html" target="_blank" >http://wydawnictwo.zut.edu.pl/wydawnictwo/czasopisma/czasopisma-naukowe/folia-pomeranae-universitatis-technologiae-stetinensis-fputs/oeconomica-issn-2081-0644-e-issn-2300-5386/305-73-2013.html</a>
DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Estimation of the J-Curve Effect in Bilateral Trade of Poland
Popis výsledku v původním jazyce
The aim of the paper is to investigate the impact of exchange rate changes on bilateral export and import flows between Poland and its major trading partners. This paper explores a J-curve phenomenon using quarterly data over the period 1997 - 2011. We employ a Johansen cointegration test to analyze the long run relationship between exchange rate and trade balance. Short term effects and the related J-curve effect are explored by estimating an error correction model and by assessing impulse-response functions. We include bilateral export and import flows, GDP and nominal bilateral exchange rates into models. The results suggest that a depreciation of the Polish złoty is accompanied by deterioration of the Poland's trade balance with France and Italy. Partial J-curve effect can be observed in case of Poland's trading flows with Germany and Czech Republic. By contrast, we reveal an inverse J-curve in international trade with the United Kingdom.
Název v anglickém jazyce
Estimation of the J-Curve Effect in Bilateral Trade of Poland
Popis výsledku anglicky
The aim of the paper is to investigate the impact of exchange rate changes on bilateral export and import flows between Poland and its major trading partners. This paper explores a J-curve phenomenon using quarterly data over the period 1997 - 2011. We employ a Johansen cointegration test to analyze the long run relationship between exchange rate and trade balance. Short term effects and the related J-curve effect are explored by estimating an error correction model and by assessing impulse-response functions. We include bilateral export and import flows, GDP and nominal bilateral exchange rates into models. The results suggest that a depreciation of the Polish złoty is accompanied by deterioration of the Poland's trade balance with France and Italy. Partial J-curve effect can be observed in case of Poland's trading flows with Germany and Czech Republic. By contrast, we reveal an inverse J-curve in international trade with the United Kingdom.
Klasifikace
Druh
J<sub>x</sub> - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)
CEP obor
AH - Ekonomie
OECD FORD obor
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Návaznosti výsledku
Projekt
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Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2013
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Folia Pomeranae Universitatis Technologiae Stetinensis: Oeconomica
ISSN
2081-0644
e-ISSN
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Svazek periodika
305
Číslo periodika v rámci svazku
73
Stát vydavatele periodika
PL - Polská republika
Počet stran výsledku
9
Strana od-do
189-197
Kód UT WoS článku
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EID výsledku v databázi Scopus
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