TY  - JOUR
AB  - Purpose The purpose is to assess the asymmetric effects of exchange rate changes on the trade balance using data from African nations.Design/methodology/approach The methodology is based on the most recent development in asymmetry cointegration and error-correction modeling.Findings While the authors find short-run asymmetric effects in many of the countries in their sample, asymmetry cointegration yields support for the new definition of the J-curve in Algeria, Cameroon, Ethiopia, Morocco, Tanzania and Zambia.Originality/value This is the first study that applies nonlinear ARDL approach of Shin et al. (2014) using data from each of the 13 countries in Africa.
VL  - 47
IS  - 5
SN  - 0144-3585
DO  - 10.1108/JES-09-2018-0333
UR  - https://doi.org/10.1108/JES-09-2018-0333
AU  - Bahmani-Oskooee Mohsen
AU  - Arize Augustine Chuck
PY  - 2020
Y1  - 2020/01/01
TI  - Asymmetry cointegration and the J-curve: new evidence from Africa
T2  - Journal of Economic Studies
PB  - Emerald Publishing Limited
SP  - 969
EP  - 984
Y2  - 2024/04/25
ER  -