An Empirical test of the J-curve for Estonia, Latvia, and Lithuania and policy implications

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
An Empirical test of the J-curve for Estonia, Latvia, and Lithuania and policy implications
Alternative Title:
Empirinis J-kreivės testavimas Estijai, Latvijai ir Lietuvai bei politikos gairės
Authors:
In the Journal:
Transformations in business & economics, 2009, vol. 8, no.1 (16), p. 63-71
Subject Category:
LT
Estija (Estonia); Latvija (Latvia); Lietuva (Lithuania); Prekybos politika / Trade policy.
Summary / Abstract:

LTŠis straipsnis pateikia J-kreivės pritaikymo rezultatus dvišalei prekybai tarp Estijos, Latvijos, Lietuvos ir JAV. Vektoriaus paklaidos korekcijos modelis ir impulso atsakymo funkcija yra pritaikyti šiame empiriniame darbe. J-kreivė yra empiriniu būdu patvirtinta Estijai, bet neįrodyta Latvijai ir Lietuvai. Autoriai nerado jokios bendros struktūros šioms trims Pabaltijo šalims.

ENTills paper studies the J-curve for the bilateral trade between Estonia, Latvia, Lithuania and the U.S. The vector-error correction model and the impulse response function arc applied In empirical work. The J-curve is empirically confirmed for Estonia hut not substantiated for Latvia and Lithuania. After a shock to real depreciacion, the trade balance deteriorates for Estonia In the second quarter and improves afterward, deteriorates continually for Latvia, and improves continually for Lithuania. Hence, there is no common pattern found for these three countries.

ISSN:
1648-4460
Subject:
Ekonomika / Economics
Permalink:
https://www.lituanistika.lt/content/22068
Updated:
2018-12-17 12:30:28
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