This study examined the short-run and long-run effects of real exchange rate changes on the Nigeria's trade balance. The paper employed both linear and non-linear ARDL bounds testing approach to cointegration to test for the J-curve phenomenon in Nigeria using quarterly data spanning the period...

This paper empirically investigates the impact of change in exchange rate on export and import flows between Slovakia and its major trading partners. Devaluation or depreciation of a currency worsens the trade balance before improving it, resulting in a J-curve pattern. For the purpose of this...

There is substantial research supporting the "J-Curve" effect and contractionary effects on economies due to devaluation, especially for less developed countries (LDCs). The World Bank and the International Monetary Fund (IMF), however, have been promoting devaluation as a policy tool for...

This study examines the J-Curve phenomenon of a developing country for the case of Ghana and its major trade partners: Switzerland (Swiss) and China. Using quarterly bilateral data from Q1-1995 to Q4-2018 to investigate the impact of currency depreciation on the bilateral trade balance in the...

The literature of trade balance and exchange rate devaluation have enjoyed enormous reviews with different decays ranging from aggregation bias, specification bias to the exclusion of effects of structural breaks on bilateral trade flows. This motivates this study to investigate the J-curve...

Purpose: This study tests the Marshall-Lerner condition and the J-curve Phenomenon for Pakistan by using the quarterly data from the third quarter of 1970 till the fourth quarter of 2012. Methodology: Johansen's Cointegration technique and Vector Error Correction models are employed for the...

This study examines the impact of exchange rate on trade flow in Nigeria from 1986 to 2021. The study utilises linear and nonlinear autoregressive distributed lag (ARDL and NARDL) models to test the J-Curve hypothesis and the Marshall-Lerner condition in Nigeria. The study found symmetric...