Open Access. Powered by Scholars. Published by Universities.®
- Discipline
Articles 1 - 2 of 2
Full-Text Articles in Entire DC Network
The Impact Of Exchange Rate Volatility On Indonesia's Exports To The Usa: An Application Of Ardl Bounds Testing Procedure, Arief Bustaman, Kankesu Jayanthakumaran
The Impact Of Exchange Rate Volatility On Indonesia's Exports To The Usa: An Application Of Ardl Bounds Testing Procedure, Arief Bustaman, Kankesu Jayanthakumaran
Faculty of Commerce - Papers (Archive)
This paper investigates the long-run and short-run impacts of exchange rate volatility on Indonesias exports of priority commodities to the United States of America over the monthly period 1997-2005. Estimates of cointegration relations are obtained using ARDL bounds testing procedure. Estimates of the short-run dynamics are obtained using an error-correction model. The results show significant positive and negative coefficients among the range of commodities. However, in the long-run, majority of commodities tend to support the traditional view that higher exchange rate of volatility leads to higher cost and to less foreign trade. The net effect of exchange rate uncertainty on …
Trade Reforms And Breakpoints In Australia's Manufactured Trade: An Application Of The Zivot And Andrews Model, Kankesu Jayanthakumaran, Mosayeb Pahlavani, Frank V. Neri
Trade Reforms And Breakpoints In Australia's Manufactured Trade: An Application Of The Zivot And Andrews Model, Kankesu Jayanthakumaran, Mosayeb Pahlavani, Frank V. Neri
Faculty of Commerce - Papers (Archive)
Trade liberalization is expected to increase imports but also exports via reduced input costs and increased domestic competition. This paper investigates whether this is the case for Australian manufactured goods. We begin by briefly describing the trends in the effective rate of protection, imports and exports in Australia over the last 30 years and then investigate the existence of major structural breaks in the imports and exports series by applying the Zivot and Andrews (1992 )test, using annual time series data from 1968/69 to 2003/2004. We find that a significant structural break occurred for imports in 1988/1989, which coincides with …