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investigate this issue for Fiji, a small island economy located in the Pacific that has experienced four round of devaluation during the last three decades.
1 cze 2016 · The devaluation of the Fijian dollar puts more pressure on the economy's import bill. On the other hand, this has positive and significant effect on good exports, but not on good imports.
1 cze 2016 · The current paper investigates the effectiveness of devaluation in improving trade balance with reference to Fiji.
3 lip 2014 · The J-curve phenomenon argues that currency devaluation leads to worsening of trade balance in the short run but gradually improves in the long run. The current paper attempts to...
1 cze 2016 · The current paper investigates the effectiveness of devaluation in improving trade balance with reference to Fiji. A small island economy has limited exportable and hence highly depends on imports for both consumption and production purposes.
11 kwi 2011 · We achieve our goal by using the recently developed bounds testing approach to cointegration and the autoregressive distributed lag model and find that devaluation is expansionary in the case of Fiji.
The J-curve phenomenon argues that currency devaluation leads to worsening of trade balance in the short run but gradually improves in the long run. The current paper attempts to empirically investigate this in the context of Fiji which has undergone devaluation four times during the last three decade.
