Hsiao, Yu-Ming; Pan, Sheng-Chieh; Wu, Po-Chin - In: International Review of Economics & Finance 21 (2012) 1, pp. 130-139
This paper employs the intervention indices measured from the modified Weymark (1997) model and modified trade models to evaluate the role of China's intervention behavior in the trade balances with its four major trade partners. In our constructed trade models, the intervention effects comprise...