The Relationship of Economic Fundamentals and Real Exchange Rate between Korea and China

2019 ◽  
Vol 15 (2) ◽  
pp. 117-135
Author(s):  
Guangdong Yu ◽  
Jingwen Niu
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Economic Fundamentals ◽  
Relationship Of ◽  
The Relationship

scholarly journals Trade Liberalization, Consumption, and Real Exchange Rate in Seven ASEAN+6 Countries

2017 ◽  
Vol 9 (4(J)) ◽  
pp. 73-86
Author(s):  
Sigit Setiawan
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Trade Liberalization ◽  
Subprime Mortgage ◽  
Mortgage Crisis ◽  
Subprime Mortgage Crisis ◽  
Liberalization Policy ◽  
Relationship Of ◽  
The Relationship ◽  
Case Basis

Trade liberalization has been mushrooming in the globalization era. The trade liberalization policy adoption by one country will be followed shortly by another. Although trade liberalization policy is strongly advocated by international organizations, a few prominent economists argue there is no ‘one fits for all’ policy. Thus, the policy effect altogether with other relevant aspects still needs to be explored in case by case basis, including ASEAN+6 regions. This paper is intended to analyze the relationship of trade liberalization and consumption on the real exchange rate in seven ASEAN+6 countries – the most dynamic region during period 2000 – 2011, a period covering subprime mortgage crisis. With data panel approach, the paper investigates the relationship of trade liberalization and consumption on real exchange rate while taking into account level of country’s income and crisis effect. The resulted model finds significant relationship in the overall and individual effect of tariff and terms of trade change as proxies of trade liberalization, consumption, level of country’s income, and subprime mortgage crisis on real exchange rate.

scholarly journals Trade Liberalization, Consumption, and Real Exchange Rate in Seven ASEAN+6 Countries

2017 ◽  
Vol 9 (4) ◽  
pp. 73
Author(s):  
Sigit Setiawan
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Trade Liberalization ◽  
Subprime Mortgage ◽  
Mortgage Crisis ◽  
Subprime Mortgage Crisis ◽  
Liberalization Policy ◽  
Relationship Of ◽  
The Relationship ◽  
Case Basis

Trade liberalization has been mushrooming in the globalization era. The trade liberalization policy adoption by one country will be followed shortly by another. Although trade liberalization policy is strongly advocated by international organizations, a few prominent economists argue there is no ‘one fits for all’ policy. Thus, the policy effect altogether with other relevant aspects still needs to be explored in case by case basis, including ASEAN+6 regions. This paper is intended to analyze the relationship of trade liberalization and consumption on the real exchange rate in seven ASEAN+6 countries – the most dynamic region during period 2000 – 2011, a period covering subprime mortgage crisis. With data panel approach, the paper investigates the relationship of trade liberalization and consumption on real exchange rate while taking into account level of country’s income and crisis effect. The resulted model finds significant relationship in the overall and individual effect of tariff and terms of trade change as proxies of trade liberalization, consumption, level of country’s income, and subprime mortgage crisis on real exchange rate.

scholarly journals The relationship between petroleum price and real exchange rate: an example of Iraq

2021 ◽  
Vol 11 (1) ◽  
pp. 12-17
Author(s):  
Dindar Saeed Saeed ◽  
Sadeq Taha Abdulazeez ◽  
Sarbast Kamal Rasheed ◽  
Rogash Younis Masiha ◽  
Diyar Hashim Malo
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Real Exchange Rate ◽  
Unit Root Test ◽  
Causality Analysis ◽  
Petroleum Price ◽  
Energy Product ◽  
The World ◽  
The Exchange Rate ◽  
The Relationship

Petroleum is one of the world's most important economic products. It is widely accepted that petroleum is not only an energy product, but also a financial asset. Therefore, it is important to understand the dependence of petroleum prices on economic conditions and financial markets and how they can affect the world economy. The fluctuations in world petroleum prices affect the economies of petroleum importing countries through different channels. One of the most important of these influence channels is the exchange rate. Because changes in exchange rates cause different economic problems in fragile economies. Changes in petroleum prices affect the economic performance of any country through various channels. One of the channels of influence is exchange rates. Petroleum prices affect the transfer of income from petroleum exporting countries to petroleum importing countries through trade and thus determine the exchange rate. In this study, the Relationship between Petroleum Price and Real Exchange Rate in Iraq was examined by ADF unit root test, Johansen-Juselius cointegration test and Granger causality analysis. For the analysis, the Petroleum Price and Real Exchange Rate data of Iraq were taken from the official website of the World Bank and transferred to the Eviews 10 program and necessary analyzes were made. The results of the analysis were analyzed and interpreted in tables.

scholarly journals The relationship between the forward and realised spot exchange rate in South Africa

2012 ◽  
Vol 5 (1) ◽  
pp. 175-192
Author(s):  
Chris Van Heerden ◽  
André Heymans
Keyword(s):  
Exchange Rate ◽  
Time Series Data ◽  
Series Data ◽  
Economic Time Series ◽  
Economic Fundamentals ◽  
Spot Exchange Rate ◽  
Economic Time ◽  
The Exchange Rate ◽  
Econometric Approach ◽  
The Relationship

It is well known that the forward exchange rate and the realised future spot exchange rate differ. This phenomenon is better known as the exchange rate puzzle. Two approaches were followed to ascertain whether this difference is due to the weak explanatory ability of current economic fundamentals or whether the use of an ineffective econometric approach to model exchange rate theories is to blame. The first approach makes use of stationary economic time series data to model the ZAR/USD realised future spot exchange rate, while the second uses non-stationary level economic data to model the ZAR/USD realised future spot exchange rate. While the first approach reported weak results, the second approach illustrated that economic fundamentals are able to explain the ZAR/USD realised future spot exchange rate. These results also confirm that the exchange rate puzzle is a pseudoproblem.

The Effect of Exchange Rates on Trade Balance: An Empirical Study of Morocco

2018 ◽  
Vol 3 (1) ◽  
pp. 01-10
Author(s):  
Hicham Sadok
Keyword(s):  
Exchange Rate ◽  
Empirical Study ◽  
Exchange Rates ◽  
Foreign Trade ◽  
Real Exchange Rate ◽  
Trade Balance ◽  
Jel Classification ◽  
Strong Impact ◽  
J Curve ◽  
The Relationship

Objective - This paper aims to examine the relationship between exchange rates and trade balance in Morocco, to investigate whether the Marshall-Lerner condition and J-curve exist. Methodology/Technique - This paper attempts to identify the relationship between the real exchange rate and trade balance in Morocco between 2000 an 2015. Findings - Historically, exchange rates have had a strong impact on foreign trade in Morocco. Novelty - This study concludes that the fluctuation of exchange rates has no notable impact on the rate of foreign trade. Type of Paper: Empirical. Keywords: Exchange Rates; Trade Balance; Exports; Imports; Morocco. JEL Classification: D51, D59.

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