Asymmetric cointegration relationship between real exchange rate and trade variables: the case of Malaysia

• 第一著者: Duasa, Jarita
• フォーマット: Monograph
• 言語: English
• 出版事項: - 2009
• 主題: HG Finance
• オンライン･アクセス: http://irep.iium.edu.my/1336/1/Asymmetric_Cointegration_Relationship_between_Real_Exchange_Rate_and_Trade_Variables-The_Case_of_Malaysia.pdf; http://irep.iium.edu.my/1336/; http://econpapers.repec.org/paper/pramprapa/14535.htm

The present study attempts to analyze the long-run equilibrium relationship between real exchange rate and trade balance, imports and exports demand by cointegration tests assuming asymmetric adjustment. Following Enders and Siklos (2001), the Engle-Granger two-step cointegration test is expanding t...