Pretražite po imenu i prezimenu autora, mentora, urednika, prevoditelja

Napredna pretraga

Pregled bibliografske jedinice broj: 277918

The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances


Cota, Boris; Erjavec, Nataša; Botrić, Valerija
The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances // Ekonomska istraživanja - Economic research, 19 (2006), 2; 75-90 (međunarodna recenzija, članak, znanstveni)


CROSBI ID: 277918 Za ispravke kontaktirajte CROSBI podršku putem web obrasca

Naslov
The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances

Autori
Cota, Boris ; Erjavec, Nataša ; Botrić, Valerija

Izvornik
Ekonomska istraživanja - Economic research (1331-677X) 19 (2006), 2; 75-90

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Trade balance; real exchange rate; J-curve; generalized impulse response function

Sažetak
The impact of exchange rate fluctuations on merchandise volume has been a major issue for policymakers and economists. The purpose of this study is to examine whether bilateral real exchange rate changes in Croatia have any significant impact on trade balances between Croatia and her six main trading partners (Slovenia, Austria, Germany, Italy, United Kingdom and France), except Bosnia and Herzegovina due to the lack of data. The relationship between the exchange rate and trade balance need to give answer whether depreciation results in increase in export volume and decrease in import volume to overcome the increase in import prices. The present study also tests, using generalized impulse response function, for the J-curve as a J-shaped time path of the trade balance in responses to depreciation. That means that after such an exchange rate change, the trade balance initially falls and then slowly rises, perhaps to a higher level than initially. The results do not provide empirical support for the J-curve. Impulse response function shows that after a current depreciation, there will be a dip in the export-import ratio. The long-run export-import ratio appears to be higher than the point of this early dip in four out of six cases. However, in all cases, the export-import ratio does not achieve higher long-run equilibrium then the initial one, after the depreciation.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekti:
0067031

Ustanove:
Ekonomski fakultet, Zagreb

Profili:

Avatar Url Valerija Botrić (autor)

Avatar Url Nataša Erjavec (autor)

Avatar Url Boris Cota (autor)


Citiraj ovu publikaciju

Cota, Boris; Erjavec, Nataša; Botrić, Valerija
The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances // Ekonomska istraživanja - Economic research, 19 (2006), 2; 75-90 (međunarodna recenzija, članak, znanstveni)
Cota, B., Erjavec, N. & Botrić, V. (2006) The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances. Ekonomska istraživanja - Economic research, 19 (2), 75-90.
@article{article, year = {2006}, pages = {75-90}, keywords = {Trade balance, real exchange rate, J-curve, generalized impulse response function}, journal = {Ekonomska istra\v{z}ivanja - Economic research}, volume = {19}, number = {2}, issn = {1331-677X}, title = {The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances}, keyword = {Trade balance, real exchange rate, J-curve, generalized impulse response function} }
@article{article, year = {2006}, pages = {75-90}, keywords = {Trade balance, real exchange rate, J-curve, generalized impulse response function}, journal = {Ekonomska istra\v{z}ivanja - Economic research}, volume = {19}, number = {2}, issn = {1331-677X}, title = {The Effect of Real Exchange Rate Changes on Croatian Bilateral Trade Balances}, keyword = {Trade balance, real exchange rate, J-curve, generalized impulse response function} }

Časopis indeksira:


  • Scopus


Uključenost u ostale bibliografske baze podataka:


  • EconLit
  • SCOPUS





Contrast
Increase Font
Decrease Font
Dyslexic Font