On the asymmetric effects of exchange rate uncertainty on China's bilateral trade with its major partners

dc.authoridKaramelikli, Huseyin/0000-0001-7622-0972
dc.authoridBahmani-Oskooee, M/0000-0002-8242-7715
dc.contributor.authorXu, Jia
dc.contributor.authorBahmani-Oskooee, Mohsen
dc.contributor.authorKaramelikli, Huseyin
dc.date.accessioned2024-09-29T15:55:16Z
dc.date.available2024-09-29T15:55:16Z
dc.date.issued2022
dc.departmentKarabük Üniversitesien_US
dc.description.abstractFollowing recent advances in asymmetric impact of exchange rate volatility on trade flows, we assess the symmetric and asymmetric effects of exchange rate volatility on China's bilateral trade with each of its 21 trading partners. We find symmetric effects in only a few bilateral trade models. However, the asymmetric analysis which required using nonlinear models revealed short-run asymmetric effects in almost all export and import demand models and log-run significant asymmetric effects in 50% of the models. In almost all models, while increased volatility was found to hurt Chinese trade, decreased volatility was found to boost them, implying that stable exchange rate is beneficial for China's trade.(c) 2021 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.en_US
dc.identifier.doi10.1016/j.eap.2021.12.017
dc.identifier.endpage669en_US
dc.identifier.issn0313-5926
dc.identifier.scopus2-s2.0-85122626752en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage653en_US
dc.identifier.urihttps://doi.org/10.1016/j.eap.2021.12.017
dc.identifier.urihttps://hdl.handle.net/20.500.14619/4564
dc.identifier.volume73en_US
dc.identifier.wosWOS:000788739700011en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.relation.ispartofEconomic Analysis and Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectExchange rate uncertaintyen_US
dc.subjectChinaen_US
dc.subject15 partnersen_US
dc.subjectTradeen_US
dc.subjectAsymmetric analysisen_US
dc.titleOn the asymmetric effects of exchange rate uncertainty on China's bilateral trade with its major partnersen_US
dc.typeArticleen_US

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