235
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Singapore’s Trade in Financial and Insurance Services and the Role of the Exchange Rate: An Asymmetric Analysis

ORCID Icon, ORCID Icon & ORCID Icon

References

  • Arize, A. C., J. Malindretos, and E. U. Igwe. 2017. “Do Exchange Rate Changes Improve the Trade Balance: An Asymmetric Nonlinear Cointegration Approach.” International Review of Economics and Finance 49: 313–326. doi: 10.1016/j.iref.2017.02.007.
  • Baek, J. 2020. “An Asymmetric Approach to the Oil Prices-Trade Balance Nexus: New Evidence from Bilateral Trade Between Korea and Her 14 Trading Partners.” Economic Analysis and Policy 68: 199–209. doi: 10.1016/j.eap.2020.09.013.
  • Baghestani, H., and S. Kherfi. 2015. “An Error-Correction Modeling of US Consumer Spending: Are There Asymmetries?” Journal of Economic Studies 42 (6): 1078–1094. doi:10.1108/JES-04-2014-0065
  • Bahmani-Oskooee, M., M. Aftab, and H. Harvey. 2016. “Asymmetry Cointegration and the J-Curve: New Evidence from Malaysia-Singapore Commodity Trade.” The Journal of Economic Asymmetries 14, Part B: 211–226. doi: 10.1016/j.jeca.2016.10.001.
  • Bahmani-Oskooee, M., and H. Fariditavana. 2016. “Nonlinear ARDL Approach and the J-Curve Phenomenon.” Open Economies Review 27 (1): 51–70. doi:10.1007/s11079-015-9369-5
  • Bahmani-Oskooee, M., and S. H. Ghodsi. 2018. ”Asymmetric Causality Between the U.S. Housing Market and Its Stock Market: Evidence from State-Level Data.” Journal of Economic Asymmetries 18: 1–8. Article e00095. doi:10.1016/j.jeca.2018.e00095.
  • Bahmani-Oskooee, M., and H. Harvey. 2018. “How Sensitive are Singapore’s Inpayments and Outpayments to Exchange Rate Changes: Evidence from Commodity Trade with Malaysia.” International Journal of Public Policy 14 (3–4): 165–205. doi:10.1504/IJPP.2018.091946
  • Bahmani-Oskooee, M., and H. Karamelikli. 2021. “Financial and Insurance Services Trade and Role of the Exchange Rate: An Asymmetric Analysis.” Economic Analysis and Policy 72: 358–367. doi: 10.1016/j.eap.2021.09.001.
  • Bussiere, M. 2013. “Exchange Rate Pass-Through to Trade Prices: The Role of Nonlinearities and Asymmetries.” Oxford Bulletin of Economics and Statistics 75 (5): 731–758. doi:10.1111/j.1468-0084.2012.00711.x
  • Cheng, K. M. 2021. “Financial and Insurance Services Trade: Does Exchange Rate or Income Matter?” Economic inquiry 51 (1): 494–509. doi:10.1111/ecin.12943
  • Engle, R. F., and C. W. J. Granger. 1987. “Cointegration and Error Correction: Representation, Estimation, and Testing.” Econometrica 55 (2): 251–276. doi:10.2307/1913236
  • Gogas, P., and I. Pragidis. 2015. “Are There Asymmetries in Fiscal Policy Shocks?” Journal of Economic Studies 42 (2): 303–321. doi:10.1108/JES-04-2013-0059
  • Hajilee, M., and F. Niroomand. 2019. “On the Link Between Financial Market Inclusion and Trade Openness: An Asymmetric Analysis.” Economic Analysis and Policy 62: 373–381. doi: 10.1016/j.eap.2018.10.001.
  • Hajilee, M., and F. Niroomand. 2021. “Is There an Asymmetric Link Between the Shadow Economy and the Financial Depth of Emerging Market Economies?” The Journal of Economic Asymmetries 23: e00193. doi: 10.1016/j.jeca.2020.e00193.
  • Nusair, S. A. 2012. “Nonlinear Adjustment of Asian Real Exchange Rates.” Economic Change and Restructuring 45 (3): 221–246. doi:10.1007/s10644-011-9116-x
  • Nusair, S. A. 2017. “The J-Curve Phenomenon in European Transition Economies: A Non-Linear ARDL Approach.” International Review of Applied Economics 31 (1): 1–27. doi:10.1080/02692171.2016.1214109
  • Pesaran, M. H., Y. Shin, and R. J. Smith. 2001. “Bounds Testing Approaches to the Analysis of Level Relationships.” Journal of Applied Econometrics 16 (3): 289–326. doi:10.1002/jae.616
  • Shin, Y., B. C. Yu, and M. Greenwood-Nimmo. 2014. “Modelling Asymmetric Cointegration and Dynamic Multipliers in a Non-Linear ARDL Framework.” In Festschrift in Honor of Peter Schmidt: Econometric Methods and Applications, edited by R. Sickels and W. Horrace, 281–314. New York: Springer.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.