Estimating a bilateral J-curve between the UK and the Euro area: An asymmetric analysis

dc.authoridBahmani-Oskooee, M/0000-0002-8242-7715
dc.authoridKaramelikli, Huseyin/0000-0001-7622-0972
dc.contributor.authorBahmani-Oskooee, Mohsen
dc.contributor.authorKaramelikli, Huseyin
dc.date.accessioned2024-09-29T16:04:41Z
dc.date.available2024-09-29T16:04:41Z
dc.date.issued2021
dc.departmentKarabük Üniversitesien_US
dc.description.abstractThe J-curve outlines the path of movement in the trade balance after a currency is devalued or depreciated, deteriorating in the short run but improving in the long run. One study in this journal investigated the concept between the UK and each of its 10 large partners from the EU. The study found support for the J-curve effect in the UK trade balance with Belgium, Germany, France, Italy and Netherlands. However, the findings were based on sign misinterpretation. If correctly interpreted, the findings actually support the inverse J-curve, i.e., long-run deterioration in the bilateral trade balances. The results were based on using the linear ARDL approach. We revisit the issue and use the Nonlinear ARDL approach. We find support for the asymmetric J-curve effect in the bilateral trade balance between the UK and France, Greece, Portugal and Spain and an asymmetric inverse J-curve in the case of Finland.en_US
dc.identifier.doi10.1111/manc.12358
dc.identifier.endpage237en_US
dc.identifier.issn1463-6786
dc.identifier.issn1467-9957
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85100859036en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage223en_US
dc.identifier.urihttps://doi.org/10.1111/manc.12358
dc.identifier.urihttps://hdl.handle.net/20.500.14619/6265
dc.identifier.volume89en_US
dc.identifier.wosWOS:000616966100001en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherWileyen_US
dc.relation.ispartofManchester Schoolen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subject12 EU partnersen_US
dc.subjectasymmetric J? curveen_US
dc.subjectnonlinear ARDLen_US
dc.subjectthe UKen_US
dc.titleEstimating a bilateral J-curve between the UK and the Euro area: An asymmetric analysisen_US
dc.typeArticleen_US

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