| | SLO | ENG | Cookies and privacy

Bigger font | Smaller font

Search the digital library catalog Help

Query: search in
search in
search in
search in
* old and bologna study programme


1 - 1 / 1
First pagePrevious page1Next pageLast page
Effect of depreciation of the exchange rate on the trade balance of Albania
Safet Kurtović, Blerim Halili, Nehat Maxhuni, 2017, original scientific article

Abstract: The paper investigates the effect of the real effective exchange rate depreciation of the lek on the trade balance of Albania using quarterly data from 1994 to 2015. Bounds testing cointegration approach, vector error correction model (VECM), and impulse response were used for the empirical analysis. The results of the study show a long-term cointegration between the real effective exchange rate (REER) and the trade balance (TB). Specifically, the REER depreciation positively affects the trade balance of Albania in both the long and short run, indicating the weak presence of the J-curve effect. Important recommendations were derived from the results.
Keywords: J-curve, cointegration, elasticity, short-term effect, long-term effect
Published: 03.05.2018; Views: 255; Downloads: 231
.pdf Full text (626,39 KB)
This document has many files! More...

Search done in 0.04 sec.
Back to top
Logos of partners University of Maribor University of Ljubljana University of Primorska University of Nova Gorica