The bilateral J-curve between Yemen and her gulf cooperatio council trading partners : an empirical analysis over (1991-2005) period
Author
Source
Issue
Vol. 2010, Issue 24 (31 Mar. 2010), pp.95-106, 12 p.
Publisher
Publication Date
2010-03-31
Country of Publication
Yemen
No. of Pages
12
Main Subjects
Abstract EN
This study empirically analyses the bilateral J-Curve dynamic of Yemen with her Gulf Cooperation Council (GCC) trading partners using quarterly time series data over 1991-2005 period.
Shortrun and long-run impacts of the depreciation of Yemeni Rial on the trade balance between Yemen and her GCC trading partners are estimated from the bound testing approach and error-correction modeling.
The empirical results indicate that while there was no specific short-run pattern supporting the J-Curve phenomenon, the long-run results supported the economic theory, indicating that a real depreciation of the Rial has a favorable long-run effect on Yemen trade balance with five of her six trading partners (the GCC).
To ascertain the stability of bilateral trade balance relationships, CUSUM and CUSUMQ tests were implemented and 1 out of 6 cases was found to be stable in terms of both tests.
American Psychological Association (APA)
al-Hakimi, Sayf Salam. 2010. The bilateral J-curve between Yemen and her gulf cooperatio council trading partners : an empirical analysis over (1991-2005) period. al-Bāḥith al-Jāmiʻī،Vol. 2010, no. 24, pp.95-106.
https://search.emarefa.net/detail/BIM-959516
Modern Language Association (MLA)
al-Hakimi, Sayf Salam. The bilateral J-curve between Yemen and her gulf cooperatio council trading partners : an empirical analysis over (1991-2005) period. al-Bāḥith al-Jāmiʻī No. 24 (Mar. 2010), pp.95-106.
https://search.emarefa.net/detail/BIM-959516
American Medical Association (AMA)
al-Hakimi, Sayf Salam. The bilateral J-curve between Yemen and her gulf cooperatio council trading partners : an empirical analysis over (1991-2005) period. al-Bāḥith al-Jāmiʻī. 2010. Vol. 2010, no. 24, pp.95-106.
https://search.emarefa.net/detail/BIM-959516
Data Type
Journal Articles
Language
English
Notes
Includes appendix : p. 105-106
Record ID
BIM-959516