This article applies the recently developed econometric method of autoregressive distributed lag (ARDL) model to re-examine the relationship between the exchange rate and bilateral trade imbalance for Taiwan and its several trading partners: China, Hong Kong, the US, Japan, South Korea and...

The United States economy suffers from persistent trade deficits, arising from the so-called 'global external imbalance'. Can the depreciation of the US dollar improve this phenomenon? This study for the first time applies the heterogeneous panel cointegration method to examine the long-run...

This article applies the dynamic panel generalized method of moments technique to reexamine the environmental Kuznets curve (EKC) hypothesis for carbon dioxide (CO_2) emissions and asks two critical questions: "Does the global data set fit the EKC hypothesis?" and "Do different income levels or...

This study revisits the environmental Kuznets curve (EKC) hypothesis for water pollution by using a recent dynamic technique, which is the generalized method of moments (GMM) approach, for a board sample of 97 countries during the period 1980-2001. On a global scale, as we cannot obtain the EKC...

Purpose – Despite a growing interest in research, no existing study explores the nature of, and the relationship between, the real exchange rate and trade imbalance between Taiwan and China. These economies were admitted to the World Trade Organization in late 2001 (China) and in January 2002...