期刊名称：Asian Journal of Business and Management Sciences
电子版ISSN：2047-2528
出版年度：2013
卷号：2
期号：10
页码：51-61
出版社：Society for Business Research Promotion
摘要：Studies of J-curve have evolved from using aggregate trade date to bilateral data. The results from both empirical studies have been mixed. This paper considers the case of Philippines and 15 of its leading trading partners. Utilizing bilateral quarterly data 1973-2011, this paper evaluates short-run and long-run effects of real exchange rate depreciation of Philippines’ peso on its trade balance. Using auto regressive distributed lags approach (ARDL), this empirical study show that the results provide support for J-curve experience. Full Text
