Asymmetric Effects of Exchange Rate Changes on Thailand-China Commodity Trade: Evidence From 45 Industries

References

• Aftab, M., Ahmad, R., Ismail, I., & Ahmed, M. (2017). Exchange rate volatility and Malaysian-Thai bilateral industry trade flows. Journal of Economic Studies, 44(1), 99–114.
   Web of Science ®Google Scholar
• Al-Shayeb, A., & Hatemi-J, A. (2016). Trade openness and economic development in the UAE: An asymmetric approach. Journal of Economic Studies, 43(4), 587–597. doi: 10.1108/JES-06-2015-0094
   Web of Science ®Google Scholar
• Arize, A. C. (1994). Cointegration test of a long-run relation between the real effective exchange rate and the trade balance. International Economic Journal, 8, 1–9. doi: 10.1080/10168739400000001
   Google Scholar
• Arize, A. C., Malindretos, J., & Igwe, E. U. (2017). Do exchange rate changes improve the trade balance: An asymmetric nonlinear cointegration approach. International Review of Economics and Finance, 49, 313–326.
   Web of Science ®Google Scholar
• Baghestani, H., & Kherfi, S. (2015). An error-correction modeling of US consumer spending: Are there asymmetries? Journal of Economic Studies, 42(6), 1078–1094.
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M. (1985). Devaluation and the J-Curve: Some evidence from LDCs. Review of Economics and Statistics, 67(3), 500–504. doi: 10.2307/1925980
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M. (1986). Determinants of international trade flows: case of developing countries. Journal of Development Economics, 20(1), 107–123.
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M., & Ratha, A. (2004). The J-curve: A literature review. Applied Economics, 36, 1377–1398.
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M., & Hegerty, S. (2010). The J- and S-curves: A survey of the recent literature. Journal of Economic Studies, 37, 580–596. doi: 10.1108/01443581011086639
   Google Scholar
• Bahmani-Oskooee, M., & Fariditavana, H. (2015). Nonlinear ARDL approach, asymmetric effects and the J-curve. Journal of Economic Studies, 42(3), 519–530. doi: 10.1108/JES-03-2015-0042
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M., & Fariditavana, H. (2016). Nonlinear ARDL approach and the J-Curve Phenomenon. Open Economies Review, 27(1), 51–70. doi: 10.1007/s11079-015-9369-5
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M., & Kanitpong, T. (2017). Do exchange rate changes have symmetric or asymmetric effects on the trade balances of Asian countries? Applied Economics, 49(46), 4668–4678.
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M., & Kanitpong, T. (2018). Thailand’s trade balance with each of her 15 largest partners: An asymmetry analysis. Journal of Economic Studies, 45(3), 660–672.
   Web of Science ®Google Scholar
• Bahmani-Oskooee, M., & Baek, J. (2016). Do exchange rate changes have symmetric or asymmetric effects on the trade balance: Evidence from U.S.-Korea commodity trade. Journal of Asian Economics, 45, 15–30. doi: 10.1016/j.asieco.2016.06.001
   Web of Science ®Google Scholar
• Durmaz, N. (2015). Industry level J-curve in Turkey. Journal of Economic Studies, 42(4), 689–706. doi: 10.1108/JES-08-2013-0122
   Web of Science ®Google Scholar
• Gogas, P., & Pragidis, I. (2015). Are there asymmetries in fiscal policy shocks? Journal of Economic Studies, 42(2), 303–321. doi: 10.1108/JES-04-2013-0059
   Web of Science ®Google Scholar
• Halicioglu, F. (2007). The J-curve dynamics of Turkish bilateral trade: A cointegration approach. Journal of Economic Studies, 34(2), 103–119.
   Google Scholar
• Halicioglu, F. (2008). The bilateral J-curve: Turkey versus her 13 trading partners. Journal of Asian Economics, 19(3), 236–243. doi: 10.1016/j.asieco.2008.02.006
   Google Scholar
• Kung, M. J., Li, Y. Z., & Tai, W. P. (2016). The political economy analysis of China-ASEAN in service industrial cooperation and open policy. Chinese Economy, 49(6), 414–428. doi: 10.1080/10971475.2016.1207979
   Web of Science ®Google Scholar
• Lal, A., Thomas, K., & Lowinger, C. (2002). The J-curve: Evidence from East Asia. Journal of Economic Integration, 17(2), 397–415. doi: 10.11130/jei.2002.17.2.397
   Google Scholar
• Liang, Y. (2017). Rebalancing, deleveraging and sustaining growth in China. Chinese Economy, 50(6), 370–380.
   Web of Science ®Google Scholar
• Lima, L., Foffano Vasconcelos, C., Simão, J., & de Mendonça, H. (2016). The quantitative easing effect on the stock market of the USA, the UK and Japan: An ARDL approach for the crisis period. Journal of Economic Studies, 43(6), 1006–1021. doi: 10.1108/JES-05-2015-0081
   Web of Science ®Google Scholar
• Linbo, J. (2017). The development of strategic trade policy and its application to China. Chinese Economy, 50, 97–111.
   Web of Science ®Google Scholar
• Nusair, S. A. (2017). The J-curve phenomenon in European transition economies: A nonlinear ARDL approach. International Review of Applied Economics, 31(1), 1–27.
   Web of Science ®Google Scholar
• Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bound testing approaches to the analysis of level relationship. Journal of Applied Econometrics, 16(3), 289–326. doi: 10.1002/jae.616
   Web of Science ®Google Scholar
• Rasoulinezhad, E., & Wei, W. (2017). China’s trade with OPEC member countries: A panel-gravity model approach. Chinese Economy, 50(5), 339–355. doi: 10.1080/10971475.2017.1345272
   Web of Science ®Google Scholar
• Rose, A. K. (1990). Exchange rate and the trade balance: Some evidence from developing countries. Economics Letters, 34(3), 271–275. doi: 10.1016/0165-1765(90)90130-S
   Web of Science ®Google Scholar
• Rose, A. K., & Yellen, J. L. (1989). Is there a J-Curve? Journal of Monetary Economics, 24(1), 53–68. doi: 10.1016/0304-3932(89)90016-0
   Web of Science ®Google Scholar
• Shin, Y., Yu, B., & Greenwood-Nimmo, M. (2014). Modelling asymmetric cointegration and dynamic multipliers in a nonlinear ARDL framework. In R. Sickels and W. Horrace (Eds.), Festschrift in Honor of Peter Schmidt: Econometric methods and applications (pp. 281–314). New York, NY: Springer.
   Google Scholar
• Soong, J. J. (2016). The political economy of development between China and the ASEAN states: Opportunity and challenge. Chinese Economy, 49(6), 395–399. doi: 10.1080/10971475.2016.1207972
   Web of Science ®Google Scholar
• Upadhyaya, K. P., & Dhakal, D. (1997). Devaluation and the trade balance: Estimating the long run effect. Applied Economics Letters, 4(6), 343–345.
   Web of Science ®Google Scholar
• Urdinez, F., Masiero, G., & Brazil, S. P. (2015). China and the WTO: Will the market economy status make any difference after 2016? Chinese Economy, 48(2), 155–172.
   Web of Science ®Google Scholar
• Verheyen, F. (2013). Interest rate pass-through in the EMU: New evidence using nonlinear ARDL framework. Economics Bulletin, 33, 729–739.
   Google Scholar
• Wen, D. (2018). Domestic value added in China’s exports to the world and its partners. The Chinese Economy, 51(1), 45–68. doi: 10.1080/10971475.2017.1368885
   Web of Science ®Google Scholar