Hsing, Yu; Sergi, Bruno S. - In: International Journal of Trade and Global Markets 3 (2010) 2, pp. 189-198
This paper examines the J-curve hypothesis for Australia, Canada, New Zealand and the UK. Applying the vector error … depreciation in several different patterns in the short run. There is lack of support for a J-curve for Australia, Canada, and the … UK. In the long run, real depreciation improves the trade balance for Australia, Canada, and New Zealand and does not …