Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1003215 | Research in International Business and Finance | 2009 | 9 Pages |
Abstract
There is evidence of a J-curve for the Dominican Republic and lack of support for a J-curve for Costa Rica, El Salvador, Guatemala, and Honduras. The trade balance responds to real depreciation positively for Costa Rica and El Salvador, negatively in the short run and positively in the long run for the Dominican Republic, negatively for Guatemala, and positively in the short run and negatively in the long run for Honduras. In response to real depreciation, the trade balance between the Dominican Republic and the U.S. adjusts from a negative to positive value very slowly.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Yu Hsing,