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003			ZW-GwMSU
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008			230719b |||||||| |||| 00| 0 eng d
022			_a13504851
040			_aMSU _cMSU _erda _bEnglish
050	0	0	_aHB1.A666 APP
100	1		_aWijeweera, Albert _eauthor
245	1	0	_aJ-curve disparity between the goods sector and the services sector: _bevidence from Australia/ _ccreated by Albert Wijeweera and Brian Dollery
264	1		_aNew York: _bTaylor and Francis, _c2013.
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aApplied economics letters _vVolume 20, number 5
520	3		_aThe J-curve effect phenomenon suggests that the currency devaluation would worsen the trade balance in the short run, but improve it in the long run. This article uses quarterly Australian data over the period 1988 to 2011 to examine whether J-curve effects are different between the two main components of the trade account: the goods sector and the services sector. Using the bound testing approach to cointegration and error correction modelling, we find some evidence to support the J-curve phenomenon, but the impact of real exchange rate on the trade account seems complex. While the services sector displays a J-curve effect, the goods sector response is quite the opposite: it has a positive response in the short run, but a weak negative response in the long run.
650			_aJ - curve _vBound testing approach _xTrade account _zAustralia
700	1		_aDollery, Brian _eauthor
856			_uhttps://doi.org/10.1080/13504851.2012.707765
942			_2lcc _cJA
999			_c162946 _d162946