NSU Research Contributions
Title : The Bilateral J-Curve: Australia Versus Her 23 Trading Partners
Authors : Mohsen Bahmani-Oskooee, Gour Goswami, Bidyut Talukdar
| Journal Title: Australian Economic Papers | Volume Number: 44 | Publication Year : 2005 | Issue Number: 2 |
| Index: scopus | Ranking: Q2 | ISSN: 1467-8454 | Publisher Name: Wiley |
| Pages : 110-120 | |||
| Funding Source : None |
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Direct Sustainable Development Goals : SDG9 Industry, Innovation & Infrastructure |
Indirect Sustainable Development Goals : SDG9 Industry, Innovation & Infrastructure |
Sustainable Development Sub Goals : Develop quality, sustainable infrastructure Increase the access of small-scale industrial enterprises to financial services and value chains Upgrade infrastructure and retrofit industries to make them sustainable |
| Impact statement: Several studies have examined the J-curve phenomenon in Australia using non-stationary aggregate trade data and have yielded mixed results. They not only suffer from the ‘aggregation bias problem’ but also from the ‘spurious regression problem’. To overcome these problems, in this paper, we investigate the short- and long-run effects of real depreciation of the Australian dollar on the trade balance between Australia and each of its 23 trading partners, using quarterly data over the 1973–2001 period and recent advances in cointegration analysis. The results from the bound-testing approach for cointegration and error-correction modeling offer little support for the J-curve phenomenon. | Collaboration: Partner University | Keywords: Australia, J-Curve, ARDL Estimation, Bilateral Trade Modeling |
