| Revista: | Latin american journal of economics |
| Base de datos: | CLASE |
| Número de sistema: | 000418681 |
| ISSN: | 0719-0425 |
| Autores: | Bahmani-Oskooee, Mohsen1 Xi, Dan2 |
| Instituciones: | 1University of Wisconsin, Department of Economics, Milwaukee, Wisconsin. Estados Unidos de América 2University of International Business and Economics, School of Finance, Beijing. China |
| Año: | 2015 |
| Periodo: | May |
| Volumen: | 52 |
| Número: | 1 |
| Paginación: | 79-94 |
| País: | Chile |
| Idioma: | Inglés |
| Tipo de documento: | Artículo |
| Enfoque: | Analítico |
| Resumen en inglés | The S-curve hypothesis postulates that the correlation coefficient between the current exchange rate and past trade balance values may be negative. However, the correlation between the current exchange rate and future values of the trade balance may be positive. Previous research using aggregate trade flows between Brazil and rest of the world find weak support for the curve. When we disaggregate Brazil's trade flows with the U.S. and investigate 95 industries that trade between the two countries, we find support for the S-curve in 51 industries. Small and large industries and durable and non-durable commodities are found to benefit from currency devaluation |
| Disciplinas: | Economía |
| Palabras clave: | Economía industrial, Comercio internacional, Teorías económicas, Tipo de cambio, Curva S, Brasil, Estados Unidos de América, Commodities |
| Texto completo: | Texto completo (Ver PDF) |
