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causes that ease the negative spillover effects from the depreciation of the Chinese renminbi on Korea's export performance … between Korea and China are considered in the estimation, the negative impact from the depreciation of the Chinese renminbi … products that have a greater degree of competition fall more as the renminbi depreciates. In addition, once quality differences …
Persistent link: https://www.econbiz.de/10012862286
vehicle currency. Even though the literature about China is relatively large, no study has scrutinized the asymmetric impacts … of vehicle currency and real effective exchange rate on China’s total trade balance with the entire EU. This research gap … is especially notable in the circumstances that the EU has surpassed the USA to become China’s largest trading partner …
Persistent link: https://www.econbiz.de/10013463127
, against the Japanese Yen, i.e., their real exchange rate (RER). This study uses a recently developed autoregressive … period for ASEAN-5 countries, the results suggest that the domestic money supply (M1) for Malaysia, Indonesia, Philippines …
Persistent link: https://www.econbiz.de/10009689680
Fluctuations of yen exchange rate to US-dollar are analyzed by a method of classical mechanics. The fluctuations are …. It is known that the depreciation of yen is caused by decreasing of the external force toward its minimum …
Persistent link: https://www.econbiz.de/10012770662
This paper shows that a regional bias resulting from trade integration alters the transmission of a countryś monetary policy by shifting the burden of the exchange rate adjustment towards the less integrated trading partners. I first develop a simple model which illustrates how a concentration...
Persistent link: https://www.econbiz.de/10011490957
developments for both the euro area as a whole and individual Member States. While the growing importance of China is reflected in …
Persistent link: https://www.econbiz.de/10013113993
negative impact of currency appreciation as well as currency volatility on Indian firms' export shares. The labor costs are … not so much a depreciation effect. Also, Indian firms that have smaller export shares tend to have a stronger response to … both REER change and volatility. Compared with those exporting goods, the firms that export services are more affected by …
Persistent link: https://www.econbiz.de/10013082620
standard empirical estimations of India's export supply and import demand functions using data from the Reserve Bank of India …
Persistent link: https://www.econbiz.de/10013146532
not so much a depreciation effect. Also, Indian firms that have smaller export shares tend to have a stronger response to … both REER change and volatility. Compared with those exporting goods, the firms that export services are more affected by …. -- exchange rate fluctuations ; firm-level export shares ; asymmetric effects ; services exports …
Persistent link: https://www.econbiz.de/10009736772
This paper shows that regional trade integration shifts the burden of the exchange rate adjustment towards the less integrated trading partners. Thus, they bear the cost of trade balance expansion, while competitive exchange rate moves vis-a-vis RTA trading partners result in no expansion or...
Persistent link: https://www.econbiz.de/10011615589