Search results

1 – 10 of 210
Article
Publication date: 23 November 2021

Ned Kock

J-curve relationship analyses can provide valuable insights to information systems (IS) researchers. This paper aims to discuss moderated mediation in IS research and the…

Abstract

Purpose

J-curve relationship analyses can provide valuable insights to information systems (IS) researchers. This paper aims to discuss moderated mediation in IS research and the related emergence of J-curve relationships.

Design/methodology/approach

Building on an illustrative study in the field of IS, the author Lays out three steps to combine moderation and J-curve analyses, with the goal of more fully understanding the underlying moderated mediation relationships. The paper proposes a new segmentation delta method to test for J-curve emergence, as part of this framework.

Findings

The paper shows, in the context of this study, the complementarity of moderation and J-curve analyses.

Research limitations/implications

Currently, IS researchers rarely conduct moderation and J-curve analyses in a complementary way, even though there are software tools, and related methods, which allow them to do so in a relatively straightforward way.

Originality/value

The analyses were conducted with the software WarpPLS, a widely used tool that allows for moderated mediation and J-curve analyses, in a way that is fully compatible with the set of steps presented in this paper.

Details

Journal of Systems and Information Technology, vol. 23 no. 3/4
Type: Research Article
ISSN: 1328-7265

Keywords

Article
Publication date: 14 September 2015

Nazif Durmaz

– The purpose of this paper is to examine the J-Curve effect in Turkey at the industry level.

Abstract

Purpose

The purpose of this paper is to examine the J-Curve effect in Turkey at the industry level.

Design/methodology/approach

In order to find the long-run and short-run effects, 58 industries (by Standard International Trade Classification Rev.3) have been identified by using monthly data that covers the periods from January 1990 to December 2012. Present study employs bounds testing procedure, developed by Pesaran and Shin (1999) and Pesaran et al. (2001).

Findings

Although results indicate a positive satisfactory effect of real depreciation of lira in 13 industries, the J-Curve effect is detected in only 13 industries.

Originality/value

The present study is one of the first studies to analyze the J-Curve effect at the industry level on Turkey. In addition to being one of the first studies, it will be an invaluable addition to the J-Curve literature.

Details

Journal of Economic Studies, vol. 42 no. 4
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 2 November 2010

Mohsen Bahmani‐Oskooee and Scott W. Hegerty

Since the introduction of the concepts of the J‐ and S‐curves, many researchers have tried to verify their validity empirically. This paper aims to review the related…

1971

Abstract

Purpose

Since the introduction of the concepts of the J‐ and S‐curves, many researchers have tried to verify their validity empirically. This paper aims to review the related papers and to offer direction for future research.

Design/methodology/approach

This is a review paper. As such, no method is employed here. Rather, the methodologies used by others to test the J‐ and S‐curves are explained and reviewed.

Findings

No new findings are offered since this is a review paper.

Practical implications

The J‐ and S‐curves show whether currency depreciation worsens the trade balance first before improving it. Since the majority of studies are country‐specific, policymakers could benefit by learning whether currency depreciation will be effective in improving the trade balance.

Originality/value

This is a literature review paper and its originality is in terms of collecting the literature together and presenting it in one single paper.

Details

Journal of Economic Studies, vol. 37 no. 6
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 10 August 2015

Mohsen Bahmani-Oskooee and Hadise Fariditavana

Previous research that investigated the effects of currency depreciation on the trade balance assumed that the adjustment of all variables in a given model is in linear…

2350

Abstract

Purpose

Previous research that investigated the effects of currency depreciation on the trade balance assumed that the adjustment of all variables in a given model is in linear fashion. The authors wonder if introduction of nonlinearity in the adjustment of some variables such as the exchange rate can shed additional light on evidence of the J-curve. The new approach also allows to test whether exchange rate changes have symmetric or asymmetric effects on the trade balance. Estimates of a trade balance model for Canada, China, Japan, and the USA reveal that the effects are indeed asymmetric. The paper aims to discuss these issues.

Design/methodology/approach

The methodology is based on linear and nonlinear ARDL approach.

Findings

When nonlinearity is introduced into testing approach for the J-curve, more evidence is found in support of the J-curve.

Research limitations/implications

The models are estimated using aggregate trade flows of each country with the rest of the world, hence they suffer from aggregation bias. Using trade flows at bilateral level and at commodity level are highly recommended for future research.

Originality/value

This is the first paper that applies nonlinear ARDL approach to test the short-run and long-run effects of currency depreciation on the trade balance.

Details

Journal of Economic Studies, vol. 42 no. 3
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 26 October 2012

Charalambos Pattichis

The purpose of this paper is to use disaggregated data on US‐UK trade to investigate the effects of exchange rate depreciation on trade in services both in the short‐ and long‐run.

2039

Abstract

Purpose

The purpose of this paper is to use disaggregated data on US‐UK trade to investigate the effects of exchange rate depreciation on trade in services both in the short‐ and long‐run.

Design/methodology/approach

The paper focuses on the three traditional categories of internationally traded services – travel, passenger fares and other transportation services – and employs the “bounds” testing procedure advanced by Pesaran, Shin and Smith to investigate the J‐curve effect.

Findings

The results reveal that the real exchange rate has a statistically significant effect on trade in services in at least one of the time periods. The results also provide some support for the J‐curve effect.

Practical implications

Empirical evidence on the J‐curve provides policymakers with valuable information about the effects of currency depreciation on the trade balance.

Originality/value

To the best of the author's knowledge this is the first paper to investigate the J‐curve effect using data on trade in services.

Details

Journal of Economic Studies, vol. 39 no. 6
Type: Research Article
ISSN: 0144-3585

Keywords

Abstract

Details

Economics, Econometrics and the LINK: Essays in Honor of Lawrence R.Klein
Type: Book
ISBN: 978-0-44481-787-7

Article
Publication date: 22 May 2007

Ferda Halicioglu

The purpose of this paper is to study empirically the dynamics of Turkish bilateral trade between Turkey and her nine trading partners, in addition to aggregate trade balance data.

2922

Abstract

Purpose

The purpose of this paper is to study empirically the dynamics of Turkish bilateral trade between Turkey and her nine trading partners, in addition to aggregate trade balance data.

Design/methodology/approach

The paper employs cointegration, generalized impulse response analysis, and stability tests.

Findings

The empirical results suggest non‐existence of the J‐curve effect at disaggregate and aggregate levels. However, Marshall‐Lerner condition holds for the aggregate data along with some of the trading partners. With regard to the stability of trade balance equations, the findings are mixed.

Practical implications

Conclusions drawn from this study could be useful for the policy makers of governments and practitioners in international trade organizations.

Originality/value

This paper extends the existing literature by providing initial evidence at disaggregate data in the case of Turkey. Moreover, for the first time disaggregate and aggregate data are utilized in the same analysis.

Details

Journal of Economic Studies, vol. 34 no. 2
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 1 October 1996

Helmut Wagner

Notes that most of the reforms in Eastern European countries have been piecemeal and have not constituted a comprehensive programme. Describes what a comprehensive…

690

Abstract

Notes that most of the reforms in Eastern European countries have been piecemeal and have not constituted a comprehensive programme. Describes what a comprehensive programme consists of, why a J‐curve in output and employment arises and what consequences it has. Discusses the possibilities and limitations of external help to avoid a structural extension of this J‐curve problem. Notes that a comprehensive transformation programme includes institutional innovations as well as monetary disinflation policy, which produces recessionary J‐curve‐like output and employment costs. Also that effects of anticipatory recessions, based on anticipated future expenditures of western countries for rebuilding eastern economies (or for preventing economic decline and political disorder), may arise.

Details

International Journal of Social Economics, vol. 23 no. 10/11
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 4 May 2020

Mohsen Bahmani-Oskooee and Augustine Chuck Arize

The purpose is to assess the asymmetric effects of exchange rate changes on the trade balance using data from African nations.

Abstract

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.

Details

Journal of Economic Studies, vol. 47 no. 5
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 3 September 2021

Sophia Grill, Matthias Rosenbaum-Feldbrügge, Herbert Fliege and Heiko Rüger

Drawing on social learning theory (SLT), this study aims to investigate how previous cross-cultural work experience influences individual adjustment in a foreign…

Abstract

Purpose

Drawing on social learning theory (SLT), this study aims to investigate how previous cross-cultural work experience influences individual adjustment in a foreign environment over time. For this purpose, the authors study foreign service employees who are characterized by permanent high mobility and frequent rotations.

Design/methodology/approach

Two cross-sectional surveys conducted in 2011 (analytical sample N = 1,097) and 2019 (analytical sample N = 1,431) amongst German Foreign Service (GFS) employees are used to analyse employees' adjustment, measured by self-perceived quality of life (QOL) and its development over time based on four time points. Locational adjustment trajectories serve as robustness checks.

Findings

Younger and therefore less experienced employees fit J-shaped patterns of adjustment, while more experienced employees show rather flat adjustment curves. Accordingly, work experience matters and “one curve fits all” approaches do not suffice to explain adjustment over time. Moreover, neither more nor less experienced employees experienced U-trajectories as proposed by previous literature on business expatriates.

Research limitations/implications

The study findings are based on cross-sectional surveys, but longitudinal designs should be preferred in future research.

Practical implications

Sending institutions may develop special support systems for inexperienced expatriates prior to departure to weaken the negative impacts of culture shock.

Originality/value

Existing literature only sparsely analysed adjustment and QOL for foreign service employees/diplomats so far. To the authors’ knowledge, no study analysed trajectories of adjustment over time for this population. This study profits from the analysis across two surveys. Both samples benefit from a high diversity, among others, regarding gender, age, education and host countries.

Details

Journal of Global Mobility, vol. 9 no. 3
Type: Research Article
ISSN: 2049-8799

Keywords

1 – 10 of 210