The Korea-Vietnam trade and the bilateral exchange rate: Asymmetric evidence from commodity trade data

IF 1.2 4区 经济学 Q3 ECONOMICS
Jungho Baek, Jee Hee Yoon
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引用次数: 1

Abstract

The contribution of the current article is to detect the asymmetric impact that exchange rate fluctuations have on Korea's trade with Vietnam. To this end, the nonlinear autoregressive distributed lag (NARDL) process is applied to export and import data disaggregated by 25 commodities. We uncover that the ups and downs of exchange rates have an asymmetric impact on some, though not all, types of Korea's commodities exported to and imported from Vietnam in both the long- and short-run.

韩越贸易与双边汇率:来自商品贸易数据的不对称证据
本文的贡献在于发现汇率波动对韩国与越南贸易的不对称影响。为此,将非线性自回归分布滞后(NARDL)过程应用于按25种商品分类的进出口数据。我们发现,汇率的涨跌在长期和短期内对一些(尽管不是全部)韩国对越南出口和进口的商品类型产生了不对称的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.20
自引率
5.30%
发文量
36
期刊介绍: Australian Economic Papers publishes innovative and thought provoking contributions that extend the frontiers of the subject, written by leading international economists in theoretical, empirical and policy economics. Australian Economic Papers is a forum for debate between theorists, econometricians and policy analysts and covers an exceptionally wide range of topics on all the major fields of economics as well as: theoretical and empirical industrial organisation, theoretical and empirical labour economics and, macro and micro policy analysis.
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